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2021-02-02
speculate at your own risk
How a GameStop share pullback could hurt some investors
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2021-02-02
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at your own risk","listText":"speculate at your own risk","text":"speculate at your own risk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/315472819","repostId":"1174194031","repostType":4,"repost":{"id":"1174194031","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1612246894,"share":"https://ttm.financial/m/news/1174194031?lang=&edition=fundamental","pubTime":"2021-02-02 14:21","market":"us","language":"en","title":"How a GameStop share pullback could hurt some investors","url":"https://stock-news.laohu8.com/highlight/detail?id=1174194031","media":"Reuters","summary":"(Reuters) - Any pullback in GameStop Corp’s shares potentially exposes some investors to losses. Tho","content":"<p>(Reuters) - Any pullback in GameStop Corp’s shares potentially exposes some investors to losses. Those at risk could include people who bought the stock at recent highs, or on margin, and those using options trading strategies.</p>\n<p>Shares of GameStop, which had seen a spectacular rally, fell 31% on Monday to close at $225, 53% lower than their Jan 28 peak of $483.</p>\n<p>WHICH INVESTORS COULD TAKE A HIT?</p>\n<p>Analysts worry some new or inexperienced investors could face losses if they bought in as the stock was peaking.</p>\n<p>Particularly vulnerable would be those who bought “on margin,” using money borrowed from brokers to buy extra shares.</p>\n<p>The strategy can boost gains when share prices are on the way up, but magnify losses on the way down especially if brokers issue “margin calls” requiring clients to add money or face forced sales to bring an account’s equity back to required levels.</p>\n<p>Brokers are not required to notify clients when they sell shares in a margin call, \"although most do so as a courtesy,\" according to the Financial Industry Regulatory Authorityhere, the industry's self-policing body.</p>\n<p>Riley Adams, a 31-year-old financial analyst who runs youngandtheinvested.com, a financial blog aimed at millennials, said if investors bought on margin late to the party “you’re definitely exposed right now.”</p>\n<p>Thomas Peterffy, chairman of Interactive Brokers, estimated about half the platform’s 1.2 million accounts are margin accounts. Thousands of margin calls occur on a typical day and the rate increased last week, he said. Peterffy said about 27,000 accounts had some sort of position in GameStock, and many positions liquidated were owned by traders who had shorted GameStock.</p>\n<p>Representatives for brokerages TD Ameritrade and Robinhood declined to share details about how many clients may have traded GameStop shares on margin. A Schwab representative did not respond to questions.</p>\n<p>However, Robinhood has restrictedherebuying shares, which limits investor exposure on its platform.</p>\n<p>WHAT DOES THIS MEAN FOR TRADERS USING OPTIONS</p>\n<p>Options bets on GameStop shares helped fuel the stock’s breathtaking rally. Investors are gauging to what extent they could exacerbate a decline.</p>\n<p>Some market watchers say a “gamma squeeze” - where market makers who have sold large numbers of calls to investors balance out their positions by buying the underlying stock - was a key driver of GameStop’s sharp rally.</p>\n<p>In theory, a sharp drop in the stock could prompt those same market makers to unload their shares, potentially speeding up a plunge. That’s what happened last September, after investors piled into call options on tech-related companies such as Amazon.com Inc and Alphabet Inc. The unwind of those positions helped fuel a sharp decline in the Nasdaq.</p>\n<p>ADVERTISEMENT</p>\n<p>For now, however, it appears that open interest in GameStop calls has not accumulated significantly, as many buyers of those contracts have traded them the same day, according to Christopher Murphy, co-head of derivatives strategy at Susquehanna Financial Group.</p>\n<p>More contracts have remained open among GameStop puts, according to data from Trade Alert. Another key risk would be to market participants who sold those puts, wagering that GameStop shares would not fall below a certain level, if the stock were to tumble significantly below their targets.</p>\n<p>But because options prices already account for gigantic swings in the stock, “people who are short options might not lose as much as you think,” Murphy said. Overall, GameStop options are now pricing in daily moves of about 27% over the next month, versus around 8.5% at the start of January, according to Trade Alert.</p>\n<p>On the other hand, investors who have held onto calls to position for further gains in GameStop shares could lose their entire investment should the stock not hit their targeted price before the options expire.</p>\n<p>WHAT DOES THE TRADING MEAN FOR SHORT-SELLERS?</p>\n<p>A slide in GameStop shares would see short sellers looking to capitalize by finding “attractive exit points,” said Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners. Short sellers sell borrowed shares in a bet that prices will fall and the shares can be bought back at a lower level.</p>\n<p>At the same time, a slide could draw new shorts looking to jump on any downward price momentum, Dusaniwsky said. The number of GameStop shares shorted has fallen by more than half in the past week, as shorts have covered their bets, Dusaniwsky said.</p>\n<p>If new shorts join in as the stock slides, it would exacerbate the selling, as long holders try to exit their positions to realize profits, Dusaniwsky said.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How a GameStop share pullback could hurt some investors</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow a GameStop share pullback could hurt some investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-02-02 14:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Reuters) - Any pullback in GameStop Corp’s shares potentially exposes some investors to losses. Those at risk could include people who bought the stock at recent highs, or on margin, and those using options trading strategies.</p>\n<p>Shares of GameStop, which had seen a spectacular rally, fell 31% on Monday to close at $225, 53% lower than their Jan 28 peak of $483.</p>\n<p>WHICH INVESTORS COULD TAKE A HIT?</p>\n<p>Analysts worry some new or inexperienced investors could face losses if they bought in as the stock was peaking.</p>\n<p>Particularly vulnerable would be those who bought “on margin,” using money borrowed from brokers to buy extra shares.</p>\n<p>The strategy can boost gains when share prices are on the way up, but magnify losses on the way down especially if brokers issue “margin calls” requiring clients to add money or face forced sales to bring an account’s equity back to required levels.</p>\n<p>Brokers are not required to notify clients when they sell shares in a margin call, \"although most do so as a courtesy,\" according to the Financial Industry Regulatory Authorityhere, the industry's self-policing body.</p>\n<p>Riley Adams, a 31-year-old financial analyst who runs youngandtheinvested.com, a financial blog aimed at millennials, said if investors bought on margin late to the party “you’re definitely exposed right now.”</p>\n<p>Thomas Peterffy, chairman of Interactive Brokers, estimated about half the platform’s 1.2 million accounts are margin accounts. Thousands of margin calls occur on a typical day and the rate increased last week, he said. Peterffy said about 27,000 accounts had some sort of position in GameStock, and many positions liquidated were owned by traders who had shorted GameStock.</p>\n<p>Representatives for brokerages TD Ameritrade and Robinhood declined to share details about how many clients may have traded GameStop shares on margin. A Schwab representative did not respond to questions.</p>\n<p>However, Robinhood has restrictedherebuying shares, which limits investor exposure on its platform.</p>\n<p>WHAT DOES THIS MEAN FOR TRADERS USING OPTIONS</p>\n<p>Options bets on GameStop shares helped fuel the stock’s breathtaking rally. Investors are gauging to what extent they could exacerbate a decline.</p>\n<p>Some market watchers say a “gamma squeeze” - where market makers who have sold large numbers of calls to investors balance out their positions by buying the underlying stock - was a key driver of GameStop’s sharp rally.</p>\n<p>In theory, a sharp drop in the stock could prompt those same market makers to unload their shares, potentially speeding up a plunge. That’s what happened last September, after investors piled into call options on tech-related companies such as Amazon.com Inc and Alphabet Inc. The unwind of those positions helped fuel a sharp decline in the Nasdaq.</p>\n<p>ADVERTISEMENT</p>\n<p>For now, however, it appears that open interest in GameStop calls has not accumulated significantly, as many buyers of those contracts have traded them the same day, according to Christopher Murphy, co-head of derivatives strategy at Susquehanna Financial Group.</p>\n<p>More contracts have remained open among GameStop puts, according to data from Trade Alert. Another key risk would be to market participants who sold those puts, wagering that GameStop shares would not fall below a certain level, if the stock were to tumble significantly below their targets.</p>\n<p>But because options prices already account for gigantic swings in the stock, “people who are short options might not lose as much as you think,” Murphy said. Overall, GameStop options are now pricing in daily moves of about 27% over the next month, versus around 8.5% at the start of January, according to Trade Alert.</p>\n<p>On the other hand, investors who have held onto calls to position for further gains in GameStop shares could lose their entire investment should the stock not hit their targeted price before the options expire.</p>\n<p>WHAT DOES THE TRADING MEAN FOR SHORT-SELLERS?</p>\n<p>A slide in GameStop shares would see short sellers looking to capitalize by finding “attractive exit points,” said Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners. Short sellers sell borrowed shares in a bet that prices will fall and the shares can be bought back at a lower level.</p>\n<p>At the same time, a slide could draw new shorts looking to jump on any downward price momentum, Dusaniwsky said. The number of GameStop shares shorted has fallen by more than half in the past week, as shorts have covered their bets, Dusaniwsky said.</p>\n<p>If new shorts join in as the stock slides, it would exacerbate the selling, as long holders try to exit their positions to realize profits, Dusaniwsky said.</p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/692b30be6bd5c2e615d861b0ee3ac888","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174194031","content_text":"(Reuters) - Any pullback in GameStop Corp’s shares potentially exposes some investors to losses. Those at risk could include people who bought the stock at recent highs, or on margin, and those using options trading strategies.\nShares of GameStop, which had seen a spectacular rally, fell 31% on Monday to close at $225, 53% lower than their Jan 28 peak of $483.\nWHICH INVESTORS COULD TAKE A HIT?\nAnalysts worry some new or inexperienced investors could face losses if they bought in as the stock was peaking.\nParticularly vulnerable would be those who bought “on margin,” using money borrowed from brokers to buy extra shares.\nThe strategy can boost gains when share prices are on the way up, but magnify losses on the way down especially if brokers issue “margin calls” requiring clients to add money or face forced sales to bring an account’s equity back to required levels.\nBrokers are not required to notify clients when they sell shares in a margin call, \"although most do so as a courtesy,\" according to the Financial Industry Regulatory Authorityhere, the industry's self-policing body.\nRiley Adams, a 31-year-old financial analyst who runs youngandtheinvested.com, a financial blog aimed at millennials, said if investors bought on margin late to the party “you’re definitely exposed right now.”\nThomas Peterffy, chairman of Interactive Brokers, estimated about half the platform’s 1.2 million accounts are margin accounts. Thousands of margin calls occur on a typical day and the rate increased last week, he said. Peterffy said about 27,000 accounts had some sort of position in GameStock, and many positions liquidated were owned by traders who had shorted GameStock.\nRepresentatives for brokerages TD Ameritrade and Robinhood declined to share details about how many clients may have traded GameStop shares on margin. A Schwab representative did not respond to questions.\nHowever, Robinhood has restrictedherebuying shares, which limits investor exposure on its platform.\nWHAT DOES THIS MEAN FOR TRADERS USING OPTIONS\nOptions bets on GameStop shares helped fuel the stock’s breathtaking rally. Investors are gauging to what extent they could exacerbate a decline.\nSome market watchers say a “gamma squeeze” - where market makers who have sold large numbers of calls to investors balance out their positions by buying the underlying stock - was a key driver of GameStop’s sharp rally.\nIn theory, a sharp drop in the stock could prompt those same market makers to unload their shares, potentially speeding up a plunge. That’s what happened last September, after investors piled into call options on tech-related companies such as Amazon.com Inc and Alphabet Inc. The unwind of those positions helped fuel a sharp decline in the Nasdaq.\nADVERTISEMENT\nFor now, however, it appears that open interest in GameStop calls has not accumulated significantly, as many buyers of those contracts have traded them the same day, according to Christopher Murphy, co-head of derivatives strategy at Susquehanna Financial Group.\nMore contracts have remained open among GameStop puts, according to data from Trade Alert. Another key risk would be to market participants who sold those puts, wagering that GameStop shares would not fall below a certain level, if the stock were to tumble significantly below their targets.\nBut because options prices already account for gigantic swings in the stock, “people who are short options might not lose as much as you think,” Murphy said. Overall, GameStop options are now pricing in daily moves of about 27% over the next month, versus around 8.5% at the start of January, according to Trade Alert.\nOn the other hand, investors who have held onto calls to position for further gains in GameStop shares could lose their entire investment should the stock not hit their targeted price before the options expire.\nWHAT DOES THE TRADING MEAN FOR SHORT-SELLERS?\nA slide in GameStop shares would see short sellers looking to capitalize by finding “attractive exit points,” said Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners. Short sellers sell borrowed shares in a bet that prices will fall and the shares can be bought back at a lower level.\nAt the same time, a slide could draw new shorts looking to jump on any downward price momentum, Dusaniwsky said. The number of GameStop shares shorted has fallen by more than half in the past week, as shorts have covered their bets, Dusaniwsky said.\nIf new shorts join in as the stock slides, it would exacerbate the selling, as long holders try to exit their positions to realize profits, Dusaniwsky said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":315125710,"gmtCreate":1612224391530,"gmtModify":1704868402214,"author":{"id":"3574945960342891","authorId":"3574945960342891","name":"RJSG","avatar":"https://static.tigerbbs.com/9ea12fcda4cd099b126362069fa83d93","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574945960342891","idStr":"3574945960342891"},"themes":[],"htmlText":"Gamezzz","listText":"Gamezzz","text":"Gamezzz","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/315125710","repostId":"2108275814","repostType":4,"isVote":1,"tweetType":1,"viewCount":191,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":315472573,"gmtCreate":1612274944992,"gmtModify":1704869100856,"author":{"id":"3574945960342891","authorId":"3574945960342891","name":"RJSG","avatar":"https://static.tigerbbs.com/9ea12fcda4cd099b126362069fa83d93","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574945960342891","authorIdStr":"3574945960342891"},"themes":[],"htmlText":"zzz","listText":"zzz","text":"zzz","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/315472573","repostId":"1174194031","repostType":4,"isVote":1,"tweetType":1,"viewCount":74,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":315701987,"gmtCreate":1612275409449,"gmtModify":1704869109269,"author":{"id":"3574945960342891","authorId":"3574945960342891","name":"RJSG","avatar":"https://static.tigerbbs.com/9ea12fcda4cd099b126362069fa83d93","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574945960342891","authorIdStr":"3574945960342891"},"themes":[],"htmlText":"<a 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15:28","market":"us","language":"en","title":"Nintendo Raises Outlook After Surpassing High Expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=2108275814","media":"Bloomberg","summary":"(Bloomberg) -- Nintendo Co. reported its best quarterly earnings since 2008 and raised its sales out","content":"<p>(Bloomberg) -- Nintendo Co. reported its best quarterly earnings since 2008 and raised its sales outlook as momentum for its Switch console continued while industry-wide supply constraints hampered the launch of rival hardware from Sony Corp. and Microsoft Corp.</p>\n<p>The Kyoto-based games company said its operating profit was 229.7 billion yen ($2.2 billion), far above the 189.6 billion yen average of analyst estimates compiled by Bloomberg. Nintendo upped its annual forecast for the second quarter in a row and now expects full-year Switch sales of 26.5 million units, up from its previous projection of 24 million, which it has already surpassed. The company also boosted its forecast for operating profit by 24% on the back of a surge in sales brought on by the coronavirus outbreak and hit game Animal Crossing: New Horizons.</p>\n<p>Soon to enter its fifth year on the market, the portable Switch sold 11.6 million units in the holiday period, up 7% on a year earlier. Sales remained strong even after the holidays, President Shuntaro Furukawa said. Nintendo has stoked the gadget’s popularity with customized limited editions, a cheaper Switch Lite and a series of blockbuster titles driving hardware sales. In 2020, Animal Crossing tapped into the need for soothing escapism during pandemic lockdowns.</p>\n<p>“The Switch has turned from being a console to a lifestyle product ‘tailor-made’ for Covid-19 times, with Nintendo surfing on that wave,” said Tokyo-based industry analyst Serkan Toto.</p>\n<p>Nintendo shares outperformed console rivals Microsoft and Sony in 2020 and the new PlayStation 5 and Xbox Series X have faced production and logistics setbacks that have limited their availability. In response to those pricier and more powerful machines, Nintendo is planning an upgraded version of the Switch with the potential addition of 4K output, Bloomberg News has reported, tied to a slate of new game releases later this year. Those plans may yet be altered by component supply shortages across the electronics and auto industries.</p>\n<p>Efforts to monetize its characters outside of software and hardware sales suffered a setback after the company postponed the debut of Super Nintendo World, located within the Universal Studios Japan theme park near Osaka, for a second time due to the pandemic.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nintendo Raises Outlook After Surpassing High Expectations</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNintendo Raises Outlook After Surpassing High Expectations\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-01 15:28 GMT+8 <a href=https://finance.yahoo.com/news/nintendo-raises-outlook-surpassing-high-072841025.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Nintendo Co. reported its best quarterly earnings since 2008 and raised its sales outlook as momentum for its Switch console continued while industry-wide supply constraints hampered ...</p>\n\n<a href=\"https://finance.yahoo.com/news/nintendo-raises-outlook-surpassing-high-072841025.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/4c0a5f4b96bc82878cd507fca3674e0d","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/nintendo-raises-outlook-surpassing-high-072841025.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2108275814","content_text":"(Bloomberg) -- Nintendo Co. reported its best quarterly earnings since 2008 and raised its sales outlook as momentum for its Switch console continued while industry-wide supply constraints hampered the launch of rival hardware from Sony Corp. and Microsoft Corp.\nThe Kyoto-based games company said its operating profit was 229.7 billion yen ($2.2 billion), far above the 189.6 billion yen average of analyst estimates compiled by Bloomberg. Nintendo upped its annual forecast for the second quarter in a row and now expects full-year Switch sales of 26.5 million units, up from its previous projection of 24 million, which it has already surpassed. The company also boosted its forecast for operating profit by 24% on the back of a surge in sales brought on by the coronavirus outbreak and hit game Animal Crossing: New Horizons.\nSoon to enter its fifth year on the market, the portable Switch sold 11.6 million units in the holiday period, up 7% on a year earlier. Sales remained strong even after the holidays, President Shuntaro Furukawa said. Nintendo has stoked the gadget’s popularity with customized limited editions, a cheaper Switch Lite and a series of blockbuster titles driving hardware sales. In 2020, Animal Crossing tapped into the need for soothing escapism during pandemic lockdowns.\n“The Switch has turned from being a console to a lifestyle product ‘tailor-made’ for Covid-19 times, with Nintendo surfing on that wave,” said Tokyo-based industry analyst Serkan Toto.\nNintendo shares outperformed console rivals Microsoft and Sony in 2020 and the new PlayStation 5 and Xbox Series X have faced production and logistics setbacks that have limited their availability. In response to those pricier and more powerful machines, Nintendo is planning an upgraded version of the Switch with the potential addition of 4K output, Bloomberg News has reported, tied to a slate of new game releases later this year. Those plans may yet be altered by component supply shortages across the electronics and auto industries.\nEfforts to monetize its characters outside of software and hardware sales suffered a setback after the company postponed the debut of Super Nintendo World, located within the Universal Studios Japan theme park near Osaka, for a second time due to the pandemic.","news_type":1},"isVote":1,"tweetType":1,"viewCount":191,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
