Sony And Nintendo See Record High Stock Prices

Both companies are soaring in the stock market.

Posted By | On 17th, Dec. 2020 Under News

playstation nintendo

It’s been a good few years for both Sony and Nintendo. Sony’s PS4 quickly ran up the charts, a much needed boast after the disappointing years of the PS3, and Nintendo’s Switch has been a massive bounce back after the flop of the Wii U. If you have any doubt that the companies aren’t performing at their best, you can just take a look at their stock prices.

As detailed by GamesIndustry, both companies are now at record high stock prices. Nintendo is now at ¥67,850 ($647.97) per share, which is its highest since 2007, and Sony is now at ¥10,025 ($95.67) per share, its highest since 2001. This puts those prices above the time in the companies’ previous peaks in the Wii and PS2 era, respectively.

Sony just released its PS5, which is doing very well despite stock issues, and Nintendo’s Switch continues to sell month to month and there are rumors floating around a new revision of the hardware is coming early next year. Both platform holders show no sign of slowing down anytime soon.

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