Nintendo's market value has doubled since Pokémon Go release
Nintendo's shares soared another 14.4% on Tuesday, with its market cap more than doubling to $42.5 billion (4.5 trillion yen) since the launch of Pokémon Go on July 6. To put the numbers into perspective, Nintendo is now worth more than Sony, which has a market value of $40 billion.
Pokémon Go is now available in 35 countries, and has already overtaken Twitter and Tinder when it comes to daily active users. Speaking to Reuters, a fund manager at an asset management firm in Japan said that the game will further boost Nintendo's stock:
The Japanese gaming giant has also announced that it would be launching a NES Classic Edition, a mini replica of the NES that comes with 30 pre-loaded games. The console will debut in the U.S. in November for $59.99, which includes one NES Classic controller, an HDMI cable, and an AC adapter.
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