Attendees wait in line at the Nintendo Co. Luigi's Mansion 3 for Nintendo Switch booth during the E3 Electronic Entertainment Expo in Los Angeles, California, U.S., on Tuesday, June 11, 2019. For three days, leading-edge companies, groundbreaking new technologies and never-before-seen products are showcased at E3. Photographer: Kyle Grillot/Bloomberg
Nintendo Co fell the most in a month after delaying the release of Animal Crossing: New Horizons till next year, postponing a marquee holiday title that could have supported the launch of a cheaper Switch console.
Its shares dropped as much as 2.8% in Tokyo, the most on an intraday basis since May 8. The game was pushed to March 2020, the company said in an online video June 11. Nintendo reaffirmed that another big 2019 title – Luigi’s Mansion 3 – is on schedule but failed to provide a release date.
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