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Nintendo’s stock price is up 25% thanks to Pokémon Go

  • Posted byby Mike Minotti
  • Updated
  • 1 min

Nitnendo stock is climbing faster than a Zubat’s population in a cave.

Nintendo’s shares in Japan closed up at 24.5 percent on Monday at 20,260 yen ($199.70) per share, according to CNBC. Nintendo’s stock previously rose 9 percent on Friday. Pokémon Go launched in the U.S. on Wednesday evening. The location-based game has players walking around the real world as they hunt and capture Pokémon. It quickly shot to the front of top-grossing app charts.

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Written by

Mike Minotti

Mike Minotti has been with GamesBeat since 2012, starting as an intern. Based near Youngstown, Ohio, he now manages GamesBeat's editorial team. He's also a prolific podcaster, appearing on multiple shows covering the gaming industry.