Nintendo’s stock price jumps 19% after ‘Pokémon Pokopia’ release
This is the biggest weekly increase in Nintendo's stock price since 2016.
In early March, Pokémon Pokopia, a life simulator that journalists described as combining “the best of Animal Crossing and Minecraft,” was released for the Switch 2 console. Nintendo’s stock price rose 19% in the week following Pokopia’s release, Bloomberg reports.
This is the biggest weekly gain for Nintendo stock price since 2016. Since the release of Pokopia, the company’s stock price has risen for four consecutive trading sessions, adding $14 billion to its market capitalization.
Pokémon Pokopia became the first big hit for the Switch 2. The game has sold more than 2.2 million copies since its March 5th release. Bloomberg notes that Pokopia’s successful debut helped Nintendo offset a drop in its stock price due to the memory crisis.
Pokémon Pokopia ratings:
- Metacritic – 89/100 (based on 84 reviews)
- Eurogamer – 4/5
- IGN – 9/10
- VGC – 5/5
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