Posted 2/19/2024, 10:30:00 AM
Nintendo Shares Drop Nearly 9% on Report Switch 2 Delayed to 2025
- Nintendo shares dropped by 8.8% after reports that the Switch 2 won't launch until 2025
- The drop comes after shares hit a record high last month amid "Switch 2 fever"
- Analysts are split on whether shares will rebound or continue to fall as investors grow impatient
- The successor is still expected to be announced in the next 6 months according to one analyst
- It's unclear how much longer Nintendo can go without launching new hardware