Pokemon Go Launch Makes Nintendo Stock Prices Soar


The shares of Nintendo responded with their biggest intraday jump since 1983, when they listed in Tokyo, climbing 25 percent on Monday. Investors are taking Pokemon’s early success as a sign that the company can still churn out hits if it commits popular characters from its Mario or Zelda franchises to mobile-gaming apps.

Hard to believe it took Nintendo this long to capitalize on bringing their IP to smartphones.