Ever since the Switch released, Nintendo has seen nothing but success. Unfortunately, their latest success is very bittersweet. The coronavirus pandemic has resulted in a rise in demand for Nintendo Switch consoles, gaming in general, as well as Nintendo‘s new Animal Crossing game. The company’s stocks have responded to this demand by surging to a new 52-week high, reaching a price not seen since March 2018. A tweet relaying the news is down below.
Nintendo share price has achieved a new 52 week high.
Last time it hit its current price was in March 2018 which was a record high for the Switch era.
Strong demand for Switch and Animal Crossing + gaming in general being the key factors for recent increase. pic.twitter.com/orfQ1Bnlo5
— Daniel Ahmad (@ZhugeEX) April 16, 2020