REPORT - Nintendo Rises After Buying Stake in Web Company Dwango
Nintendo Co. (7974), the creator of the game franchises Mario and Zelda, jumped to the highest since August after buying a stake in Dwango Co. (3715), a company that provides content through mobile phones.
The stock rose as much as 5.2 percent to 13,070 yen as of the 11:30 a.m. trading break in Tokyo. Dwango shares surged as much as 21 percent after the video game company bought 612,200 Dwango shares, according to a statement filed with the Tokyo Stock Exchange today.
Full report here
The stock rose as much as 5.2 percent to 13,070 yen as of the 11:30 a.m. trading break in Tokyo. Dwango shares surged as much as 21 percent after the video game company bought 612,200 Dwango shares, according to a statement filed with the Tokyo Stock Exchange today.
Full report here
