(Bloomberg) — Nintendo Co.’s stock has found a 1-Up in an unexpected place.Shares in the videogame maker have climbed to a new two-year high, driven by rising fears of a coronavirus second wave. With cases expanding worldwide including in the U.S. and China, the stock has broken out of its two-month plateau. Nintendo’s Switch console-handheld hybrid was one of the hit products during global lockdowns, buoyed by the success of laid-back social simulator Animal Crossing: New Horizons.“The stock had been struggling the past two months with demand for stay-at-home stocks dropping as the economy re-opened and the state of emergency …read more
Source:: Yahoo Finance
