Let’s take the following information with a grain of salt, but given the historical trend of the company’s previous console launches, the announcement of the Super Nintendo Switch (or Switch 2, or whatever they want to call it) will likely come within the take place in the next two months. There have already been rumors of a possible Nintendo Direct, but now moves in the company’s share price are breaking all-time records and making us think we’re on the verge of an official announcement.
The stock price has risen in recent weeks to highs not seen since 2007, and these moves come as investors receive insider information about the company’s future. Nintendo shares have hit a record high of **7,823 yen** (roughly **$54.14**) as of Wednesday, as reported by [The Wall Street Journal](https://www.wsj.com/livecoverage/stock-market-today-dow-jones-01-10-2024/card/nintendo-shares-hit-record-helping-lift-japanese-stocks-to-another-multidecade-high-Ph0WWuiYgykt5dhUfZtQ).
According to Nintendo, such stock price spikes have historically repeated themselves in the weeks leading up to the March 2015 smartphone gaming launch announcement, the March 2010 Nintendo 3DS announcement, or even the 2004 Wii announcement. Based on the timeline at the time, the first official Nintendo Switch 2 announcement would be between January and February 2024, followed by an official presentation in March and, beware, a May 2024 launch. What we can be sure of is that the markets are excited about the potential success of Super Nintendo Switch. Now we can only wait for Nintendo to take the next step.
Source: Gamereactor
by GoldenGamerNugget
3 Comments
You buy on rumors and sell and sell on annoncement.
That doesn’t seem like how anything works
Gamereactor is wrong, the announcement will not be in the next two months, it will be tomorrow