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March NPD: Nintendo shares fall on "severe" US sales data

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Nintendo's shares dropped 6.6 percent to close at 26,180 yen yesterday off the back of weak March NPDs, according to this Bloomberg report.

It's the stock's biggest drop since February 2.

“The severe sales result in the US prompted disappointment among investors,” said Takagi Securities analyst Shigeo Kikuchi.

“Nintendo had been perceived as one of the winners.”

March Wii sales dropped 17 percent from a year earlier to 601,000, according to last night's figures.

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Patrick Garratt

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Patrick Garratt is a games media legend - and not just by reputation. He was named as such in the UK's 'Games Media Awards', the equivalent of a lifetime achievement award. After garnering experience on countless gaming magazines, he joined Eurogamer and later split from that brand to create VG247, putting the site on the map with fast, 24-hour a day coverage, and assembling the site's earliest editorial teams. He retired from VG247, and the games industry, in 2017.

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