Nintendo shares drop following Switch 2 delay reports

ylai@lemmy.ml to Gaming@lemmy.ml – 75 points –
Nintendo shares drop following Switch 2 delay reports
eurogamer.net
17

Stock traders who do not have any information about nintendo's plans beyond the rumors in the press have sold shares in response to rumors in the press about the switch 2.

nothing is confirmed until something is confirmed

Because some people wanted to cash in on the rumoured release, nothing too interesting.

It's a dip, not a drop. Maybe you want to mitigate the sensationalist headline.

What's the difference? Is a dip not a drop?

Generally, "dip" carries the connotation that there will be a rebound, or a return to the original position. A "drop" however would mean that this would hurt the company in the long run.

So calling it a dip is basically assuming something that is not yet proven true, while calling it a drop is merely stating what has happened so far.

Basically, stock markets are based on predictions. If it is likely a stock will continue to fall, it is called a drop. You can not know if it's a dip or a drop in advance because rising and falling stocks are always relative to the rest of the environment. So calling it a drop would be not wrong, but an unlikely prediction.

that's not at all what op said??

these words contain contextual clues that allow an individual to hopefully understand a situation more clearly.

i think the stock market might be a bit too much for you at the moment.

The switch 2 isn't even out yet and I already hate it.

Agreed. If a game like zelda totk can run on the switch there's plenty of life left and we don't need a switch 2.

Totk can barely run on the Switch. It is pretty much up against the limits of what can be done on that hardware.

We didn't need a WiiU either, but it was the testbed for what became the Switch. I say let them showcase some new features.