Japan's Nintendo snaps winning streak of 27% gain fuelled by new game

Japan's Nintendo snaps winning streak of 27% gain fuelled by new game

A young man plays the augmented reality mobile game "Pokemon Go" by Nintendo at Puerta del Sol square in Madrid, Spain July 28, 2016. REUTERS/Sergio Perez

Nintendo Co. shares fell for the first time in 12 days, snapping a winning streak that had been propelled by the launch of its latest game during the worldwide coronavirus lockdown.

Its shares dropped 1.5% on Thursday after rising 27.3% in the previous 11 sessions. As well as benefiting from a broad surge in interest in games with millions stuck at home in many countries, shares in Nintendo have also been boosted by the release of Animal Crossing: New Horizons for its Switch console on March 20.

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