Gaming Cypher

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Nintendo’s Stock Price Jumps Over 7%

Nintendo’s stock jumped heftily today to over 7% in share price, to 10,330 Yen — roughly $110 / €85 / £73. While you are probably thinking that this is due to some awesome new gaming announcement, actually, the weakening of the Japanese Yen currency has been a positive for trading and exporting companies in the region, while solid economical and job figures in the U.S. have played a big part in the jump — 39% of Nintendo’s sales are reportedly in the US.

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