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Nintendo's value drops to new annual low

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Image credit: VG247

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Nintendo's market cap slipped to less then half of its start of year value yesterday as the Nikkei recorded a 9.4 per cent fall, following continued disaster in the global financial sector.

The publisher's stock fell by 3,700 yen to 31,000 yen, a drop of 12 percent, bringing the total drop since the start of 2008 to 53.7 percent.

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Patrick Garratt avatar
Patrick Garratt is a games media legend - and not just by reputation. He was named as such in the UK's 'Games Media Awards', the equivalent of a lifetime achievement award. After garnering experience on countless gaming magazines, he joined Eurogamer and later split from that brand to create VG247, putting the site on the map with fast, 24-hour a day coverage, and assembling the site's earliest editorial teams. He retired from VG247, and the games industry, in 2017.
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