Nintendo’s Stock Rises Thanks to BlackRock

BlackRock, the world’s largest asset manager, was recently reported to own a 5.17% stake in Nintendo. This information came from a filing which was issued on Wednesday (March 22nd. This caused Nintendo’s stock to rise by 2% on Thursday.

No doubt BlackRock increased its share due to the ongoing success of the Switch. Let’s see how it continues!

[VIA]

Menashe