Nintendo’s value is at its highest in seventeen years

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Nintendo shares hit a record with a daily gain of 5%. She went up for conversion $54 and the company’s value reached almost 70 billion dollarswhich is the highest figure since 2007. Japan’s Nikkei stock index averaged its highest since 1990, even including Nintendo’s contribution.

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Nintendo’s shares were helped by rumors of the upcoming release of a console called Switch 2. There is also talk of another major investment by Saudi Arabia through a state-owned firm. Smart games group. She has already invested money in a Japanese publishing house several times and currently owns a share 8.26%.

Nintendo is doing well on other fronts as well. He celebrates success in the film industry with a hit Super Mario Bros. to the cinema, whose sales last year were surpassed only by Barbie. In the fall, the company announced the upcoming film adaptation of another major brand – The Legend of Zelda.

Source :Indian TV

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