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Nintendo’s stock rises as Yen weakens

Nintendo’s stock has jumped this week, but unfortunately it’s not due to anything the company has done as such. The Yen has weakened, prompting a shares spike for several Japanese companies.

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Yen headlines

  • Nintendo shares drop 10 percent

    That strengthy yen’s starting to have real impact, reuters reports, kicking Nintendo’s shares down 10 percent today, despite massive earnings in the past 12 months and gleeful prospects for Wii and DS in the coming fiscal year. Institutional investors cashing in chips in the face of the rising Japanese currency is to blame for the […]

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