quarta-feira, 6 de fevereiro de 2008

Nintendo stocks drops to 7 month low

Nintendo logo - Image 1Nintendo has been making a lot of money over the last few months. Most would probably expect that the company's stocks would be skyrocketing at this point. However, this isn't the case as revealed by Bloomberg Japan.

Nintendo stocks fell by 5.9 percent to 45,800 (about US 430). This is the lowest the company's stock has dropped over a span of seven months. Rohm Co., the maker of the parts used in Nintendo's Wii game controllers, also followed suit dropping by 6.4 percent to 7,460 (about US 70). This is the company's lowest close since January last year.

This new trend might spell trouble for Nintendo and all of its affiliates. However, it's still to early to be certain considering a few other blue chip stocks such as Nissin Food Products and Honda also took a few hits.


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