Earlier last week, Nintendo was basking in a dewey post-Pokémon Go glow, its stock doubling in value because of the game’s wild success. But what goes up must come down—thanks, Newton—and after the market closed on Friday, Nintendo revealed in a press release that “the game’s financial impact will be ‘limited’ and that it doesn’t expect to revise its annual forecast higher based on ‘current conditions,’” according to Bloomberg.
Source: Gizmodo – Nintendo’s Stock Plummets Because It’s Not Making Enough Money Off of Pokémon Go