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Nintendo’s Shares Jump Near Ten Percent After Pokemon Go Launches

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Nintendo’s Shares Jump Near Ten Percent After Pokemon Go Launches

Nintendo’s shares spike after Pokemon Go’s launch

According to Google Finance, Nintendo’s shares have jumped by nearly ten percent following the launch of Pokemon Go.

The company saw an 8.94 percent increase in their shares on the stock market from July the 8th, following the launch of their location based augmentative reality mobile game Pokemon Go. It is currently sitting at 16, 270 yen.

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Developed by Niantic Inc. for iOS and Android devices, Pokemon Go soft launched in Australia and New Zealand on July the 6th before releasing in North America a day afterwards. The game has quickly become incredibly popular, ranking first on the iTunes store’s listing of mobile games.

Over 10,000 fans of the game will also be participating in a sightseeing event in Sydney, Australia in hopes of finding rare Pokemon. The launch of Pokemon Go has significantly influenced our daily routines as the Police, Fire and Emergency Services for the Australian state of the Northern Territory warned.

“For those budding Pokemon Trainers out there using Pokemon GO – whilst the Darwin Police Station may feature as a Pokestop, please be advised that you don’t actually have to step inside in order to gain the Pokeballs,” said a representative of the government organisation in a recent Facebook post.

Have you quickly become addicted to Nintendo’s Pokemon-based app? Let us know in the comments below.

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About the author

Julian Rizzo-Smith

Julian was a freelance writer for Twinfinite who covered news stories from the latest in Pokemon GO, Overwatch, and the Final Fantasy series. Pretty much anything going on in the console space, or in VR was within Julian's wheelhouse.
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