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Switch Lite reveals that Nintendo shares are rising to the highest point in nine months



  Switchlite

Whatever your opinion about Nintendo's new console, Switch Lite seems to have investors from the company that are quite excited.

According to the Financial Times, Switch Lite reveals that shares have risen by as much as 4.5% today to 41,780. At its peak. This leaves Nintendo shares at a nine-month high.

Today's jump is clear to see

It's easy to see why investors will be excited about the new product; costing $ 1

00 less than the original Switch model, Switch Lite looks like a perfect way to attach a younger audience or families that would be repelled by a higher price. Kantan Games analyst Dr. Serkan Toto said:

"Investors should see Switch as a way for Nintendo to significantly increase the installation base and extend the console's life cycle for years." [19609006] ]

Wedburst Securities analyst Michael Pacher expects the console to be limited by the end of the year, estimating that this year will deliver 8.5 million units and 11.5 million next year. Switch Lite as "the right product at the right time."

Do you agree? Do you think Switch Lite will continue to be a huge success? We still listen to all your thoughts about Switch Lite in the comments.


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