Nintendo leaps 25% on Pokemon Go but the hurdle to killer profits is high
Nintendo shares in Japan surged on hopes that the new Pokémon Go app would give the company’s mobile gaming business a serious boost. The stock closed up 24.52 percent on Monday at 20,260 yen ($199.70) per share; this followed Friday’s gains of some 8.9 percent. Reuters reported that the company ... Read More »