Nintendo shares run now stalled
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Nintendo shares on the Japanese stock market have now levelled after a few months of expanded growth. It is now up to how well the Wii and DS might do during the holiday season to see where the stocks go from here say Analysts. “”No fundamentals have changed. Nintendo has still got strong earnings momentum,”” says a chief manager at Ichiyoshi Investment Management with the only difference being that the stock potential is nearly reached and cant go much further. “”Back in 2005, no one could imagine Nintendo being where it is now”” added the analyst.
Source: Reuters
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