Nintendo and Sony stock falls on financial results

By Mike, Friday, 30 January 2009 10:23 GMT

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GI is reporting that shares in both Nintendo and Sony fell sharply today in trading on the Tokyo Stock Exchange, after both companies posted rather dire financial results yesterday.

Sony saw its stock fall by 6.7 percent to ¥1780 ($19.9).

Meanwhile Nintendo’s stock fell more dramatically, down ¥4000 ($44.8) or 12.5 percent to ¥28,050 ($313.9) which is the lowest it has been for 18 years.

Ouch.

By Mike Bowden

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