{"id":70436,"date":"2016-07-25T16:00:24","date_gmt":"2016-07-25T20:00:24","guid":{"rendered":"http:\/\/techvibes.com\/?p=70436"},"modified":"2016-07-26T12:33:12","modified_gmt":"2016-07-26T16:33:12","slug":"nintendo-shares-plunge-pokemon-go","status":"publish","type":"magazine","link":"https:\/\/brainstation.io\/magazine\/nintendo-shares-plunge-pokemon-go","title":{"rendered":"Nintendo Shares Plunge 18% After Warning Pok\u00e9mon Go Will Not Give Company Financial Boost"},"content":{"rendered":"<p>Nintendo&#8217;s shares nearly doubled since launching Pok\u00e9mon Go a little over two weeks ago, but the stock took a huge hit today after revealing that the game&#8217;s impact on the company&#8217;s financial state will be &#8220;limited.&#8221;<\/p>\n<p>https:\/\/borndigital.com\/2016\/07\/22\/pokemon-first-to-catch-em-all<\/p>\n<p>Pok\u00e9mon Go was developed by Niantic, and the Pok\u00e9mon Company is technically separate of Nintendo. While Nintendo obviously has a stake in the game, it&#8217;s estimated the company will get only around 13% of sales from Pok\u00e9mon Go.<\/p>\n<p>https:\/\/borndigital.com\/2016\/07\/22\/pokemon-go-homecoming<\/p>\n<p>Nintendo&#8217;s shares fell 18%, the maximum amount allowed in one day by the Tokyo stock exchange. The company will report first-quarter earnings later this week. The quarter closed before the launch of Pok\u00e9mon Go, so the game&#8217;s impact on Nintendo will not be revealed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nintendo&#8217;s shares nearly doubled since launching Pok\u00e9mon Go a little over two weeks ago, but the stock took a huge hit today after revealing that the game&#8217;s impact on the company&#8217;s financial state will be &#8220;limited.&#8221; https:\/\/borndigital.com\/2016\/07\/22\/pokemon-first-to-catch-em-all Pok\u00e9mon Go was developed by Niantic, and the Pok\u00e9mon Company is technically separate of Nintendo. While Nintendo obviously [&hellip;]<\/p>\n","protected":false},"author":55555,"featured_media":70158,"menu_order":0,"template":"","meta":{"_acf_changed":false,"footnotes":""},"categories":[13],"tags":[],"magazine-region":[],"magazine-series":[],"magazine-topic":[],"class_list":["post-70436","magazine","type-magazine","status-publish","has-post-thumbnail","hentry","category-News"],"acf":[],"_links":{"self":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine\/70436","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine"}],"about":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/types\/magazine"}],"author":[{"embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/users\/55555"}],"version-history":[{"count":0,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine\/70436\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/media\/70158"}],"wp:attachment":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/media?parent=70436"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/categories?post=70436"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/tags?post=70436"},{"taxonomy":"magazine-region","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine-region?post=70436"},{"taxonomy":"magazine-series","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine-series?post=70436"},{"taxonomy":"magazine-topic","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine-topic?post=70436"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}