By Sickr on December 5, 2024

Nintendo share price has risen consecutively for the past eight days, marking a new record for the first time in nearly five months, thanks in no small part to the Saudi Arabian Public Investment Fund decreasing its stake in the company. Nintendo's stock price has risen by more than 1,000 yen, which will have pleased investors. The 1% reduction has apparently brought a sense of stability to the market. There are other driving forces to the increase to the share price, namely the potential for a reveal date for the Switch's successor, which is expected to be announced before the end of March 2025.

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