![Nintendo stock spiked by $1B even before the Switch was announced - but it's not as big a deal as it sounds | VG247 Nintendo stock spiked by $1B even before the Switch was announced - but it's not as big a deal as it sounds | VG247](https://assets.vg247.com/current//2016/10/nintendo_stock_google_finance_20161020.jpg)
Nintendo stock spiked by $1B even before the Switch was announced - but it's not as big a deal as it sounds | VG247
Nintendeal on Twitter: "Nintendo's stock market value reportedly dropped more than $1,000,000,000 (1 billion) after the #E3 Nintendo Direct revealed that Animal Crossing New Horizons would be delayed until March 2020 https://t.co/Ywl2XHyhwn
![Nintendo surges after reporting a 428% profit spike driven by gamers flocking to Animal Crossing amid the pandemic (NTDOY) | Markets Insider Nintendo surges after reporting a 428% profit spike driven by gamers flocking to Animal Crossing amid the pandemic (NTDOY) | Markets Insider](https://static4.businessinsider.com/image/5f2c4d132438173c242b65a7-1172/nintendo-stock.jpg)
Nintendo surges after reporting a 428% profit spike driven by gamers flocking to Animal Crossing amid the pandemic (NTDOY) | Markets Insider
![MORGAN STANLEY: Nintendo's Switch is 'insufficiently priced into the stock' (NINTENDO, NTDOY) | Markets Insider MORGAN STANLEY: Nintendo's Switch is 'insufficiently priced into the stock' (NINTENDO, NTDOY) | Markets Insider](http://static2.businessinsider.com/image/590093957522caa1068b4fcf-950/screen-shot-2017-04-26-at-83246-am.png)