Nintendo's Stock Has Increased by £6 Billion Since 'Pokemon Go' Launched

Wil lthis make up for the Wii U's failure?

Image via Nintendo

It’s only been out a week (and it isn’t even officially available in the UK) — but Pokemon Go has already taken over the world. It’s the top free app in the US, and it’s been so popular it’s even caused servers to briefly crash.

This is all some really good news for Nintendo. The Japanese games giant has had a rough time recently, with the Wii U massively underperforming — but the success of Pokemon Go has go the companies mojo back. Their shares increased 24.5% to ¥20,260 (£153.50), on Monday, follwing a 10% increase on Friday. That’s their biggest gain for over 30 years, and has added almost £6 billion to their market value.

Nintendo’s shares jumped 24.5% to ¥20,260 (£153.50) in Tokyo – their biggest gain since 1983. The increase follows a 10% rise on Friday. The shares have risen by 36% in two days, adding almost £6bn to Nintendo’s market value.

That kind of makes up for all the robberies and police warnings and El-P shade tbh. 

[via The Guardian]

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