Nintendo stock jumps on release day for new Switch console

Nintendo.
(Image credit: Drew Angerer/Getty Images)

On Friday, Nintendo Co. launched its newest gaming console Switch, a hybrid system that lets gamers flip between playing at home on the TV and gaming on the go. After concerns about the adaptable device's viability caused Nintendo's stock to decline for four straight days ahead of Friday's release, on launch day Nintendo's stock "rose as much as 5.1 percent, also the biggest gain in a month," Bloomberg reported.

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