Nintendo shares dropped as much as 7% after Switch 2 announcement
Nintendo finally revealed its next video game console yesterday, after first teasing the Switch 2 eight months ago. With anticipation peaking, the company’s Tokyo-listed shares closed at a record high on Thursday night before falling as much as 7.2% in Friday morning trading, recovering slightly in the afternoon to end the day 4.3% lower.
Contrary to the product’s name, Nintendo seems to have made a conscious effort not to switch it up with its latest release, expected to go on sale later in 2025, with few major changes from its eight-year-old predecessor besides a larger screen and magnetic controllers.
Nintendo will have to wait to see whether its tried-and-true approach will help shift the sequel to Switch fans, or if sales will suffer from “second album syndrome.”
Contrary to the product’s name, Nintendo seems to have made a conscious effort not to switch it up with its latest release, expected to go on sale later in 2025, with few major changes from its eight-year-old predecessor besides a larger screen and magnetic controllers.
Nintendo will have to wait to see whether its tried-and-true approach will help shift the sequel to Switch fans, or if sales will suffer from “second album syndrome.”
