From Yahoo Finance: 2025-04-08 15:17:00

Nintendo stock is up 3.1% in Tuesday’s trading, with gains as high as 7.7%. The Trump administration has started tariff negotiations with Japan, boosting Nintendo’s stock. Japan is sending a team to handle negotiations led by Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer.

Nintendo’s upcoming Switch 2 console release may be impacted by tariffs. The U.S. and Japan are working on a new bilateral trade deal that could improve launch conditions for the Switch 2. Nintendo delayed preorders following the Trump administration’s tariff policies.

Nintendo unveiled the Switch 2 at an event earlier this month, with a scheduled release on June 5. The company may raise the platform’s price above $449 due to tariff concerns. The Switch 2 is crucial to Nintendo’s strategy over the next five years.

Invest in successful stocks with “Double Down” alerts from Stock Advisor. Past investments in Nvidia, Apple, and Netflix have shown remarkable returns. Receive alerts for three companies with high potential by joining Stock Advisor. Don’t miss this opportunity for investment success.

*Stock Advisor returns as of April 5, 2025. Keith Noonan has no position in the mentioned stocks. The Motley Fool recommends Nintendo. See the 3 stocks with high potential for investment success.

Read more: Why Nintendo Stock Is Jumping Today