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via cnbc.comBusiness & Companies

Nintendo Switch 2 sales plunge 41% on price hikes and memory shortage

FROM THE WIRE · CNBC.COM

Sales of Nintendo's flagship Switch 2 plunged in its fiscal second quarter after the Japanese gaming giant rolled out price hikes amid soaring memory costs.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA sharp drop in sales of the flagship product can weigh on the Nintendo stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Switch 2 sales fell 41% in the fiscal second quarter.
  2. 02Nintendo raised prices amid soaring memory costs.
  3. 03The news concerns the fiscal second quarter.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Nintendo Co., Ltd.NTDOYStock13.76 USDMarket closedtoday +6.75%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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