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Nintendo's stock price falls following lacklustre E3 press conference

06/06/2012 - 3:19pm GMT
wii u hardware05 - Nintendo's stock price falls...

Nintendo's poor showing during Tuesday evening's press conference appears to have left investors unconvinced by the Wii U, leading to a 2.68 per cent drop in its stock value on the Japanese stock market since trading opened today.

After a strong opening – showing off Pikmin 3 – Nintendo then failed to build on this with headline game announcements, instead focusing on the somewhat baffling Nintendo Land.

Investors are, however, looking at both Sony and Ubisoft with higher expectations following their more successful pressers. Sony is up 2.14 on the Tokyo Stock Exchange and 3.21 in New York. Meanwhile Ubisoft – viewed as the winner of E3 thanks to Watch Dogs, Assassin's Creed 3, Splinter Cell, Far Cry 3 and Just Dance 4 – saw its stock value climb by almost five per cent.

Via MCV