Nintendo Shares Jump 70 Percent in 1 Week

Pokemon Go’s massive popularity has continued to make for happy shareholders at Nintendo.

After the augmented reality mobile game’s release last week, shares jumped 10 percent overnight. This rise has continued, and according to the BBC, stock price is now 70 percent higher than it was before Pokemon Go’s launch.

Nintendo’s market value is now £19.6 billion (~$26.2 billion), compared to £13 billion last week. This is the biggest share price jump the company has seen since 1989 when the company released Dragon Quest in the US, and that was just around a 35 percent increase. This is all despite the fact that Nintendo is only a part-owner of publisher, The Pokemon Company.

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Source: IGN Video Games

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