
Will Nintendo (NTDOY) Stock Be Affected by Delayed Pokemon Go Japan Launch?
NEW YORK (TheStreet) -- Nintendo (NTDOY) cancelled the launch of its mobile game Pokemon Go in Japan today.
The Japanese gaming company had previously announced it would partner with McDonald's (MCD) to bring the game to Japan this morning, but postponed the launch according to a leaked employee email cited by TechCrunch.
Nintendo and game maker Niantic had concerns that hype surrounding the launch would overload Pokemon Go's servers.
The launch today would have been the game's first-ever corporate sponsorship, with McDonald's restaurants serving as key locations in the game.
Nintendo stock closed down 4.07% to $35.85 on Tuesday, but is up 107.77% for the year so far on Pokemon Go's popularity.
Separately, TheStreet Ratings rated this stock as a "buy" with a ratings score of B.
The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, notable return on equity and expanding profit margins. TheStreet Ratings feels its strengths outweigh the fact that the company shows weak operating cash flow.
You can view the full analysis from the report here: AAPL
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.










