Nintendo is trading at €45.00 (-5.67%) after the September 8 Zelda 40th Anniversary Direct delivered no positive surprises for investors.
- Bloomberg reported the stock fell as much as 3.7% after the event.
- Disappointment with the lineup, despite a Zelda remake announcement, has raised concerns about near-term blockbuster software momentum.
- Broader consumer-discretionary weakness and geopolitical oil concerns are adding pressure.