Nintendo’s value drops to new annual low

By Patrick Garratt, Thursday, 9 October 2008 19:49 GMT

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Nintendo’s market cap slipped to less then half of its start of year value yesterday as the Nikkei recorded a 9.4 per cent fall, following continued disaster in the global financial sector.

The publisher’s stock fell by 3,700 yen to 31,000 yen, a drop of 12 percent, bringing the total drop since the start of 2008 to 53.7 percent.

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