Nintendo stock at its highest since February

After the announcement and then release of the Wii U, the Nintendo stock fell steadily for months on end. Until they released Mario Kart 8. As expected the family friendly racing game has had a huge impact on sales, and according to Nintendo Life the Nintendo stock is now at its highest since February. Furthermore they expect the stock values to continue to rise the coming weeks and months, as Mario Kart 8 still retains high placements on sales charts across the world.

In addition to the sales of the game itself, Mario Kart 8 has given the Wii U console sales a much needed boost, and for the first time in years Nintendo might have something positive to present when they reveal their fresh quarterly report next week. Of course, the stock is still way, way below the peaks during the golden Wii era.