Shares in Nintendo were set to rocket on Wednesday with bids marking the stock up by more than 21 percent on its plan to enter the smartphone gaming market. Bids for Nintendo shares hit 17,080.0 yen, up 21.3 percent -- by the daily limit of 3,000 yen -- from the previous day's close. Nintendo was bucking a fall in the benchmark Nikkei index on Tokyo Stock Exchange after the firm announced Tuesday that it was stepping into the smartphone gaming market. Nintendo is teaming up with Tokyo-based mobile gaming company DeNA to develop games for smartphones in what could be a turning point for the Japanese giant which has long refused to enter the soaring market.
via Gaming News Headlines - Yahoo! News http://ift.tt/1Fywjey
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