A good year for Nintendo, with the company's share price hitting a 16-year high

Nintendo Corporation ended 2023 with an amazing result!

Here's What We Know

After the close of the last trading day on the Tokyo Stock Market, it was clear that the release of high-profile games The Legend of Zelda: Tears of the Kingdom, Super Mario Bros. Wonder and other projects, coupled with huge sales of the Nintendo Switch console, have led to a steady rise in the company's share price.

The stock is now at 7,359 yen (just under $52 at current exchange rates), its highest since 2007.

Nintendo's stock price is likely to continue to rise after the opening bell as the company is doing well and a new console is expected to be released in 2024.

Source: Twisted Voxel