Nintendo Shares Plummet After Wii U Showing

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Japanese investors had an important message for Nintendo this morning: go back to the drawing board!
The popular game maker and console manufacturer failed to impress
anyone
with its lackluster presentation at this year's Electronic Entertainment Expo, signaling
the demise of console gaming
and the potential death of the game industry's greatest innovator. According to
MCV
(via
My Nintendo News
), Nintendo (NTDOY) shares have fallen 2.68% since the market opened in Tokyo. Sony
SNE
, meanwhile, climbed 2.14% in Japan and rose roughly 1.5% in America. Microsoft
MSFT
is rising as well, gaining nearly 1.6%. What does this mean for Nintendo, a company that relies solely on the game industry? Nothing good, that's for sure. Nintendo may have produced some of the most popular games of all time, and it may own some of the most significant properties in entertainment. But if it doesn't utilize those properties and produce content that consumers can't live without, there is no way the company can survive.
Follow me @LouisBedigianBZ
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Posted In: NewsTechMCVMicrosoftMy Nintendo NewsNintendoSonyWii U
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