Bloomberg is reporting that Nintendo’s shares rose 4% after news that the Pokemon Company is bringing the Pokemon Trading Card Game Online to Apple’s popular iPad. News of Mario Kart 8 selling over one million units in the United States also helped the share price rise. Nintendo’s share price has plummeted more than 80 percent since the end of 2007.
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http://mynintendonews.com/2014/08/18/nintendo-shares-rose-4-percent-after-pokemon-trading-card-game-on-ipad-announcement/“We have been here many times before in regards to Nintendo’s tentative plans to introduce some of its characters for smart devices,” Amir Anvarzadeh, a manager of Japanese equity sales at BGC Partners Inc. in Singapore, said by e-mail. “This latest Pokemon cards plan which is already out on PCs is hardly a change in its direction.”
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