Rekall Incorporated@lemm.ee to Games@lemmy.worldEnglish · 2 days agoNintendo stock falls after mixed reaction from Switch 2 announcementwww.notebookcheck.netexternal-linkmessage-square21fedilinkarrow-up125arrow-down15
arrow-up120arrow-down1external-linkNintendo stock falls after mixed reaction from Switch 2 announcementwww.notebookcheck.netRekall Incorporated@lemm.ee to Games@lemmy.worldEnglish · 2 days agomessage-square21fedilink
minus-squareslazer2au@lemmy.worldlinkfedilinkEnglisharrow-up15·2 days agoThis is not big daddy N loosing a bunch of money, this is a market correction. People purchased shares 2 days ago expecting an announcement and the price has returned to normal https://finance.yahoo.com/quote/NTDOY/?guccounter=1 The shares were at 15.56 and are now at 14.81. It is still up 2% over the past week, 6% over the last 6 months, an 8.5% over the last year, and a whopping 51% over the last 5 years.
minus-squareFalse@lemmy.worldlinkfedilinkEnglisharrow-up1·2 days agoAka “buy the rumor, sell the news”
minus-squarepsx_crab@lemmy.ziplinkfedilinkEnglisharrow-up2·2 days agoSo basically it’s not falling because of mixed reaction, it’s falling because people cashing in
minus-squarerustyfish@lemmy.worldlinkfedilinkEnglisharrow-up1·2 days agoThanks for the clarification. The headline sounded fishy.
This is not big daddy N loosing a bunch of money, this is a market correction. People purchased shares 2 days ago expecting an announcement and the price has returned to normal
https://finance.yahoo.com/quote/NTDOY/?guccounter=1
The shares were at 15.56 and are now at 14.81.
It is still up 2% over the past week, 6% over the last 6 months, an 8.5% over the last year, and a whopping 51% over the last 5 years.
Aka “buy the rumor, sell the news”
So basically it’s not falling because of mixed reaction, it’s falling because people cashing in
Thanks for the clarification. The headline sounded fishy.