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home / news releases / NTDOY - Investors Are Underestimating the Impact of Nintendo's Latest Blockbuster Game


NTDOY - Investors Are Underestimating the Impact of Nintendo's Latest Blockbuster Game

2023-06-03 09:15:00 ET

The center of the entertainment world has been in Kyoto, Japan, for the past few months. After releasing what could end up being the highest-grossing animated film ever, Nintendo (OTC: NTDOY) just followed up the Super Mario Movie with a record-breaking new Zelda game. Called Zelda: Tears of the Kingdom , the latest iteration in the long-running franchise is officially one of the top-rated games ever, and is all but guaranteed to be one of the top-selling Nintendo titles ever.

Here's the scoop on Nintendo's blockbuster title and how it could impact the business financially.

After game-reviewer Metacritic gave it an aggregated rating of 95, expectations were extremely high for Tears of the Kingdom . But I don't think even the most bullish analyst expected the results we saw over the past few weeks. According to Nintendo, the game sold over 10 million units within three days after its launch, even with a premium price point of $70.

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Investors Are Underestimating the Impact of Nintendo's Latest Blockbuster Game
Stock Information

Company Name: Nintendo Co. Ltd. ADR
Stock Symbol: NTDOY
Market: OTC

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