The Market Hates Nintendo Stock. Here's Why It's Wrong
Although revenue and cash flow growth are often the leading drivers of a stock's performance over the long run, few factors are more impactful in the short term than a stock's narrative.
Narrative -- the collective story market participants believe about a company's future -- has the ability to create huge discrepancies between a company's quoted stock price and its true value. For the Japanese gaming and entertainment giant Nintendo (OTC: NTDOY), the narrative has soured.
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Source Fool.com
