
Nintendo Stock (NTDOF) Dips on Kirby Air Riders Direct
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The Kirby Air Riders Direct also revealed that the popular City Trial mode from the original game will return in this sequel. This time around, up to 16 players will be able to compete in the City Trial online, and a max of eight on local wireless. The game also features new characters, allowing gamers to play as more than just Kirby. In addition to this, these characters will also be able to use copy abilities to keep the game fair for everyone.
Kirby creator Masahiro Sakurai is serving as the director of Kirby Air Riders, his first time heading a game in the series since Kirby Air Ride. Sakurai has led the creation of several popular series at Nintendo, including Super Smash Bros. The teams that worked on Super Smash Bros. also worked on Kirby Air Riders.
Nintendo Stock Movement Today
Nintendo stock slipped 0.26% on Tuesday, but remained up 70.69% year-to-date. The shares have also increased 81.18% over the past 12 months. Today's dip could be a sign that investors weren't impressed by the Kirby Air Riders Direct. However, the drop is small enough that it likely doesn't matter in the long run.
Is Nintendo Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts' consensus rating for Nintendo is Moderate Buy, based on nine Buy, two Hold, and a single Sell rating over the past three months. With that comes an average NTDOF stock price target of $98.57, representing a 0.2% downside for the shares.
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