11-07-2016 15:46 via news.yahoo.com

Pokemon Go Invigorates Nintendo Stock

Pokemon's eponymous, nostalgic message "Gotta catch 'em all" has reached a fever pitch with last week's launch of mobile hit Pokemon Go -- and in turn, boosted Nintendo Co.'s market value by $7.5 billion, reports Reuters. Its long-term earnings potential for Nintendo, which owns one-third of Pokemon Co., remains unclear. "If nothing else, Pokemon Go has shown that there are 'dormant' Nintendo fans eager to trial its content for smartphones," Deutsche Bank analysts say.
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