Nintendo is trading at €45.53 (-5.37%) following a fiscal second-quarter earnings report that missed analyst expectations on both the top and bottom lines.
- Operating profit fell 16% to ¥73.9 billion as revenue missed estimates, driven largely by a 41% year-over-year decline in Switch console sales to 2.67 million units.
- While the company maintained its full-year financial outlook, the stock is facing significant pressure from the earnings shortfall alongside broader weakness in the technology sector.