According to SeekingAlpha, Nintendo’s (NTDOY) stock price closed yesterday on the Japanese market at Â¥33,000, or $34.09 USD. This figure hasn’t been higher since their stock traded at Â¥34,300 back in 1990, just before the Super Nintendo debuted to the world and during the height of the original Famicom/NES.
This is definately good news, but all signs point to Nintendo looking to climb higher, as they still have a while to go before regaining the lead in marketshare in this growing industry. However, Nintendo continues to exceed even their own expectations with the Wii and DS, so expect more good news to come soon.
