Can Super Mario Save Nintendo Stock, Again?

Investing in Nintendo (OTC: NTDOY) has been more Rainbow Bridge than Rainbow Road these days. Shares of the Japanese gaming giant have plummeted 43% since hitting an all-time high last summer. A surge in memory prices, along with lukewarm sales for the new Switch 2 console that hit the market last year, have weighed on the video game pioneer.Thankfully, a new catalyst is being projected on the silver screen this week. The Super Mario Galaxy Movie premiered on Wednesday, giving Nintendo a great opportunity to reignite consumer excitement for the franchise. Another blockbuster would also generate a healthy infusion of incremental revenue for Nintendo and its studio partner Comcast (NASDAQ: CMCSA).Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool