Browsing Tag: Market

    Money

    Nintendo shares hit highest in 10 years

    October 16, 2017

     

    Nintendo shares rose to their highest level in 10 years on Tuesday (11). Near the closing of yesterday’s trading session on the Tokyo Stock Exchange, the company traded its shares for the equivalent of US $ 392.70 – accumulating a high of 1.47% on the day.

     

    The rise in the value of the Japanese company’s stock, however, is not new and has been occurring since the beginning of this year. Only in 2017, the papers valued 77%, a reflection of the great popularity of the Nintendo Switch.

     

    The video game has become the brand’s fastest selling device, smashing the all-powerful Wii, Big N’s best-selling console to date. The high demand for the hybrid has made its stocks depleted around the world, prompting consumers to step into gigantic waiting lines to have their Switch.

     

    To ease the pain of waiting, this week Nintendo has finally revealed that it will increase the videogame production capacity to two million units monthly.

     

    The Asian company has also adjusted its forecasts and has now said it expects to sell 20 million Switch by the end of 2017 – 7 million units more than the 13 million initially forecast.

    Also contributing to the good mood of the market and shareholders are the first rumors that the Japanese are about to launch the Switch in China.

    market

    Netflix shares traded at $ 200 for the first time in history

    October 16, 2017

     

    Netflix plans and strategies to win more market are pleasing the market and its investors. Proof of this is that on Friday morning (13), the company’s papers were traded for $ 200 for the first time in history.

     

    The high follows the disclosure of expectations of Goldman Sachs in relation to the numbers that Netflix should present next week. According to the financial group, the streaming platform should report earnings higher than projected for both the third and fourth quarter of the current fiscal year.

    Goldman Sachs forecasts, of course, left the stock market euphoric and in the early hours of trading today, Netflix’s shares jumped to a record $ 200 mark. Interestingly, the record comes just days after the service announce an increase in the value of signatures in the United States.

    Outside, the basic plan will go from $ 9.99 to $ 10.99 monthly; while the most complete, allowing 4K transmissions, goes from $ 11.99 to $ 13.99. Here in Brazil, the last Netflix price readjustment occurred in July of this year.

    Ao término do pregão desta sexta-feira (13), ações da Netflix eram negociadas a US$ 199,49

     

    Although the news did not sound right in the ears of consumers, it pleased Wall Street, as was evident on Friday morning. At the time this news is written, Netflix shares ended the daily trading session of the New York Stock Exchange and traded at $ 199.49 – up 1.85% from the previous day.