Nintendo stock at highest level in nearly two years

Nintendo stock experienced its highest level in close to two years, according to a Bloomberg report. The publication writes that Nintendo rose 4 percent to 14,050, the company’s highest figure since July 2011.

Bloomberg cited increased revenue and strong sales of 3DS games overseas – including Animal Crossing: New Leaf – as possible reasons for Nintendo’s boost. Additionally, rumors of China potentially removing its ban on consoles are said to be contributing in the rise of shares.

Source, Via