|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||78.51 - 79.50|
|52 Week Range||35.82 - 82.55|
|Beta (5Y Monthly)||0.77|
|PE Ratio (TTM)||54.59|
|Forward Dividend & Yield||1.92 (2.44%)|
|Ex-Dividend Date||Sep 28, 2020|
|1y Target Est||83.51|
Video game spending in December and full-year 2020 reached record levels in the U.S. as consumers spent more time with home entertainment during the Covid-19 pandemic, NPD Group said Friday.
(Bloomberg) -- Universal Studios Japan postponed the opening of its much-anticipated Super Nintendo World theme park after a worsening spread of the coronavirus prompted the government to expand its state of emergency declaration.The addition to the Universal Studios Japan amusement park, located near Osaka, won’t open on Feb. 4 as planned and has been put on indefinite hiatus in accordance with the government’s urging to restrict non-essential travel and activities. The organizers said they will reevaluate and decide on a new date once the state of emergency has been lifted.The new attraction is envisioned as a life-sized replica of Kyoto-based Nintendo Co.’s most popular game characters and environments. It includes rides, shops and walk-through activities. One of the first attractions will be a Mario Kart ride inside a recreation of Bowser’s Castle. Borrowing an idea from the Super Mario franchise, visitors will be able to collect virtual coins by wearing a dedicated wristband as they explore the area and interact with park features via a Switch console.The showcase is one of the largest projects ever conceived by Universal Studios Japan, costing close to $580 million. It was originally slated for a summer opening before getting its first pandemic-imposed postponement. It marks an important step in Nintendo’s efforts to broaden its franchises beyond console players. Movies, merchandise stores and smartphone apps are all designed as a hook to lure new users to buy game-dedicated machines and software.Japan this week expanded its state of emergency beyond the Tokyo region to encompass the country’s other main economic hubs including Osaka, as it battles to contain a record surge in infections.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Video game giant Nintendo enjoyed a tailwind in 2020 during the pandemic as stay-at-home and work-from-home mandates led more people to spend more time playing video games. The Relative Strength (RS) Rating for Nintendo jumped into a higher percentile Monday, as it got a lift from 70 to 74. The 74 RS Rating means that Nintendo has outperformed 74% of all stocks over the past year.