Accuracy in Media

The wildly-popular ‘Pokemon Go’ smartphone game has paid big dividends for Nintendo’s share prices:

Shares in the Japanese game maker closed up 14 percent at 31,700 yen ($300) on the Tokyo Stock exchange Tuesday and have more than doubled in value since the wildly popular augmented-reality game was launched on July 6.

Nintendo accounted for nearly one in four shares that changed hands on the TSE’s main board. The sharp rise has doubled the Kyoto-based company’s market capitalization to 4.5 trillion yen ($42.4 billion).





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