News

Nintendo Breaks Tokyo Stock Market Record

by Daniel Tack on Jul 18, 2016 at 07:00 AM

Pokémon Go fever continues to drive massive excitement around Nintendo stock. On Friday, Nintendo broke the record for most traded Japanese stock in a single day this century. 476 billion yen ($4.5 billion) worth of shares were traded on Friday, beating out the previous reigning record sent by Tokyo Electric.

For more on Pokémon Go, check out our interview with its creator.

[Source: Bloomberg]

 

Our Take
Pokémon Go is nothing short of a phenomenon right now, and it will be interesting to see whether the craze gets even more energy in the weeks to come or begins to settle down.