Nintendo and Sony stocks drop following earnings reports


Following Sony and Nintendo's financial reports yesterday, the two companies saw their shares on the Tokyo Stock Exchange fall today. On the Nintendo side, despite reports of massive earnings, the lowered forecast for DS and Wii sales has hurt the big N. Nintendo's stock was hit the hardest of the two, dropping 12.5 percent to ¥28,050 ($313.90).For Sony, well, it's pretty obvious. It reported huge losses, and saw stock drop by 6.7 percent to ¥1780 ($19.90).Read | Permalink | Email this | Comments