Nintendo shares tumble after lackluster Switch 2 games outlook

AI Summary

Nintendo's shares have seen a significant decline of nearly 30% this year due to concerns over the lack of new game releases following the launch of the Switch 2. Investor confidence is wavering as the company's game pipeline seems insufficient.

Nintendo shares had shed close to 30% this year through Friday, with concerns growing about the slow pace of game launches since the Switch 2's debut in June.