Nintendo’s stock was down in the gutters when 2015 started, but now it’s soaring to its highest point since 2011. Nintendo’s stock first took a big leap in March after they announced plans to release mobile games, and it continued to climb throughout April, hitting ¥2.95 trillion.
Today, following the recent yearly investor report, Nintendo’s market cap jumped another 7% (as of 4:30 pm Eastern) to ¥3.08 trillion. That puts Nintendo’s net worth at $25.7 billion in US currency. At the start of the year, Nintendo’s market cap was only at around $14 billion. It looks like Nintendo’s investors are pretty content with the company’s recent performance and future plans.
Source: Google Finance