Nintendo Co., Ltd (ADR) (PINK:NTDOY) has talked down the 3DS Returns buzz and the impact from Japan's earthquake. Despite the company going to bat for itself its shares continue to plunge. Nintendo is now trading less than 5% from its 52-week low and under $32. Is there hope for shareholders?
Nintendo Co. (OTC:NTDOY) shares finished down 5% for the week at $31.41 a share. BusinessWeek asks the question: Can Nintendo Rebuild?
The company was unprepared for the sharp drop in Wii sales reported last week. But Nintendo is launching a slew of products for the holidays and exploring new uses of its consoles.
Nintendo Co., Ltd (ADR) (OTC:NTDOY) won the game console war in 2008, more than half of all game consoles sold in 2008 were Wii's and the Wii took the top four best selling titles as well. But are NTDOY shares worth buying?