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Nintendo's shares fall 7% after Switch 2 price hike
short by Neeraja Nath / on Monday, 11 May, 2026
Video game company Nintendo's shares on Monday fell 7% in Japan. This comes days after the company announced a price hike for its gaming console, Switch 2, across the globe citing "changes in market conditions" amid rising memory chip costs and impact of US tariffs. Nintendo is expected to see an 11% YoY drop in software sales for FY2027.
read more at Reuters