The Sunday Guardian

Pokemon Go’s success

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The “Pokemon Go” fever that has gripped smartphone users across the globe has led Japanese videogame giant Nintendo to double its value at the Tokyo Stock Exchange on Tuesday. In the first half of the trading session, Nintendo appreciate­d 10.79 per cent, reaching $291 per share, little more than double of the $136 with which it closed on July 6 when the new game was just launched, EFE news reported. Since July 7, the Kyoto-based company stocks have been revalued at 114.04%. Its capitalisa­tion has also doubled upto $37 billion representi­ng a growth of around $19 billion in just a week and a half.

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By: Nintendo

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