1 of 1
Story summary
- Nintendo shares dropped 8.2% on Wednesday after the Direct failed to announce new Mario titles.
- The stock is down roughly one-third year-to-date, reflecting weak software sales and rising costs.
- Analysts say Switch 2 lacks a blockbuster Mario game and needs a killer title to drive sales.
- Nintendo raised Switch 2 prices because of a memory-chip price surge, risking price-sensitive buyers.
