Gamers just want to chill out and farm — and it's sparking a surprise rally in Nintendo stock [Business Insider]
NINTENDO CO LTD UNSP/ADR (NTDOY)
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Source: Business Insider
Become an Insider and start reading now. Have an account? Log in "Pokémon Pokopia," a life-simulation game that heavily features farming, has been a surprise hit for Nintendo. The company's stock has taken a hit as the global memory shortage has crunched Switch 2 margins. But "Pokémon" and the new "Super Mario" movie have analysts getting bullish again. You've had a long day at work and you're looking to unwind. You drop a mint on DoorDash and settle into the couch for some video gaming. The intensity of a first-person shooter or racing game isn't your vibe right now. You want to relax, so you fire up "Pokémon Pokopia." Loading audio narration... All around the world, people are going through this thought process. The desire to decompress is why so-called cozy games like the new " Pokémon " — similar to "Animal Crossing" and "Stardew Valley" before it — are so popular. Sometimes you just want to chill out and tend to your digital farm. That mentality has created a surp
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News
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- This Upcoming Game Shows How Nintendo Switch 2 Game Cards Should Be [Forbes]Forbes
- Nintendo's stock is paying the price as investors fret over weaker Switch 2 sales in the US [Yahoo! Finance]Yahoo! Finance
- Nintendo Switch 2 Production Cut 33% Following Weak Holiday Sales, Report Claims [Yahoo! Finance]Yahoo! Finance