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Pok&eacutemon Go helps Nintendo break stock market record

Pokémon Go continues to help Nintendo make headlines, with the fledgling augmented reality title having now steered the Japanese giant towards a new stock market record.

Chris Kerr, News Editor

July 18, 2016

1 Min Read
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Pokémon Go continues to help Nintendo make headlines, with the fledgling augmented reality title having now steered the Japanese giant towards a new stock market record. 

As reported by Bloomberg, Nintendo traded 467 billion yen ($4.5 billion) in shares last Friday on the Tokyo stock exchange -- the largest daily turnover of any company this century. 

Earlier this month, Nintendo's shares hit highs not seen since October 2015, rising by 24.52 percent in just one day. 

Pokemon Go's immediate success has also presented challenges, with developer Niantic recently delaying the game's international launch in the wake of server issues caused by unexpected demand. 

The studio's data collection policy was also called into question after it came to light that iOS versions of the game may be granting full Google account access; a problem Niantic says it's already working to address.

About the Author

Chris Kerr

News Editor, GameDeveloper.com

Game Developer news editor Chris Kerr is an award-winning journalist and reporter with over a decade of experience in the game industry. His byline has appeared in notable print and digital publications including Edge, Stuff, Wireframe, International Business Times, and PocketGamer.biz. Throughout his career, Chris has covered major industry events including GDC, PAX Australia, Gamescom, Paris Games Week, and Develop Brighton. He has featured on the judging panel at The Develop Star Awards on multiple occasions and appeared on BBC Radio 5 Live to discuss breaking news.

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