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Nintendo Stocks Dive

January 28th, 2005 (2:22am) - On Thursday morning Nintendo’s stock price took a dive on the NASDAQ, losing $14.50 per share and closing 11.75 percent lower at $109. The dive is likely the result of the previous day’s announcements in which Nintendo cut its yearly earning forecasts by 20 billion yen ($194 million).

Reported by Elias Dounis on January 28th, 2005 (2:22am) [From: GameSpot]

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