Dec 16, 2016

Super Mario Run: Nintendo shares plunge amid bad reviews, reducing company's value by $2 billion

The falling share price appears to be the result of worries about whether interest in the game will actually become cash


Nintendo has launched Super Mario Run, its first game for iOS, and found itself worth $2 billion less than when it started.

The game received huge amounts of hype for its combination of nostalgia and excitement, and as a signal that Nintendo might look to move more of its games off its less popular consoles. But it has already been hit by some backlash, over its high price and a mode that means it will only work if players have an internet connection.

Those concerns appear to have dragged down Nintendo's share price, which fell by about 5 per cent in the wake of the release. That meant that the value of the company dropped by around $2 billion.

Andrew Griffin