Nintendo Stock Has a Lot to Prove This Week [Yahoo! Finance]
Netflix, Inc. (NFLX)
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Source: Yahoo! Finance
Revenue has fallen sharply for the Japanese gaming giant, cut by more than half since peaking four years ago. The same can be said about Nintendo's bottom line. The market's also been wobbly in 2025. But there's a reason for the upticks. After eight years, Nintendo is ready to roll out a new gaming console. The Switch 2 will hit the market later this year. The Nintendo Direct media event is scheduled for this Wednesday morning, offering more details on the platform beyond a teaser video put out earlier this year. Naturally, Nintendo shares are priced more for the new upgrade cycle than the lull that follows after the previous iteration plays out. This is a pretty big deal. Nintendo has never waited this long between new system introductions. A lot is riding on this week's media event. Can it drum up enough hype to spur a wave of preorders? Will the next system be affordable and different enough to justify the stock's recent upticks, catapulting the shares to even greater height
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