Nintendo’s stock price has rose the most in almost four months after the console generated more revenue in the United States than its predecessor, the Wii. Stock for the company rose by 5.6 percent to close at 9,070 yen, which is its biggest gain since September 18th. Wii U sales in the United States in the first 41 days after the console made its debut on November 18th were more than $300 million. The original Wii sales were $270 million at the same point after release.
“The U.S. sales report prompted investors to jump on Nintendo. Still, “the gain may be short-lived unless it can sustain sales momentum.”
Makoto Sengoku, a Tokyo-based market analyst at Tokai Tokyo Securities Co.