On Monday, August 5, the Nikkei 225, the main stock market index of the Japanese market, suffered its largest drop in more than 30 years. This was a brutal time for international trade, and this affected various industries, including the video game industry. Fortunately, companies like Nintendo and Sony have returned to normal.
Because the Japanese ball was the catalyst for what many called Black Monday, multiple companies in this country, such as Nintendo, SEGA, Sony, Capcom, Konami, and more, suffered a substantial drop in the value of their shares. Fortunately, It only took 24 hours for the situation to return to normal.
In the case of Nintendo, for example, saw its shares drop 15% on Monday, but by the end of Tuesday its value had increased by 12%. Sony, for its part, went from a 6% drop to an 8% increase. These were the increases recorded in the last few hours:
- Nintendo +12%
- Sega +13%
- Capcom +18%
- Nexon +12%
- Cave +19%
- Konami +8%
- Sony +8%
- Marvelous +9%
- Cyberagent +8%
- Koei Tecmo +6%
- Square Enix +3%
It’s Monday 1:30pm in Tokyo now, investors in the stock market continue to panic and are causing a bloodbath:
Nintendo -15%
Sega -13%
Capcom -16%
Nexon -13%
Cave -23%
Konami -8%
Sony -6%
Marvelous -10%
Cyberagent -10%
Koei Tecmo -6%
Square Enix -5%1.5h of trading to go. 🤯🤯🤯
— Dr. Serkan Toto 🔜 Gamescom (@serkantoto) August 5, 2024
While there are cases where stocks are still below what they were at the end of last week, It is clear that the chaos that occurred a few days ago is now in the past, and large companies can return to normal.In related news, PlayStation 5 sales are revealed. Likewise, here’s how the Nintendo Switch fared in the last quarter.
Author’s Note:
It is clear that, despite the chaos we saw a few days ago, big companies do not suffer real consequences. We live in a world of immediate reactions, but in reality everything takes time, so it is unnecessary to judge something at the moment.
Via: Dr. Serkan Toto
#Nintendo #bounces #Black #Monday #Atomix
