Nintendo shares have been on a great run this year. After the success of Pokemon Go last year, the company saw big increases in its share price.
But the success of the Switch took things to another level: Nintendo shares have now hit a 10-year high — shares haven’t been this valuable since the glory days of the Wii.
It was only last month that we reported when Nintendo shares hit a 9-year high. Now it’s a 10-year high.
Last week a report said that Nintendo had increased Switch production to 2 million per month, which brought increased confidence from the markets, resulting in share prices rising almost 3%.
This year alone Nintendo shares have increased 77 percent. Which means that if you bought $100 worth of Nintendo shares at the beginning of the year, they’d be worth $177 right now.