Nintendo adds another US$3bil in market value


Strong counter: People visit a Nintendo store in Tokyo. Nintendo has been one of the strongest-performing blue-chip stocks in Japan this year. — Bloomberg

TOKYO: Nintendo Co added another US$3bil in market value in Tokyo with retail investors on the Robinhood app cited as helping to further boost the game maker’s popularity.

Nintendo has been one the strongest-performing blue-chip stocks in Japan this year, as the pandemic, together with the release of its smash-hit Animal Crossing: New Horizons game, helped boost the already high popularity of its Switch console.

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