Nintendo Stock Downgrades Due to Dwindling Demand Concerns
...demand for the Wii and DS is waning. Shares went from buy to hold as prices dropped 30% to JPY 57,500 (EUR 371.2 / USD 575.5
KBC Securities analyst Hiroshi Kamide told Bloomberg the company believes that it is reasonable to expect a tougher trading environment
Although Nintendo has raised its guidance three times over the past year, the rise...
