Animal Crossing: New Leaf Propels Nintendo Stock to Two-Year High

July 23, 2013 | By | No Comments

Nintendo’s stock prices closed at a two-year high in Japan yesterday, with share prices rising 4 percent to ¥14,050, or roughly $141.15 as of press time. As a result, the company may join the Nikkei Index along with companies such as Sony. The report comes from Bloomberg.

The report notes that stocks rose on the strength of continued sales for games like Animal Crossing: New Leaf, as well as the Nintendo 3DS’s recent dominance as the best-selling game system in the United States. China’s possible lifting of a 13-year console ban may have also been a factor.

Animal Crossing: New Leaf can truly do no wrong, it seems. To my disappointment, however, I don’t have a turnip/stalk market joke to put in here.

Source: Bloomberg