00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Nintendo shares closed 7% higher in Japan on Friday,
00:06after the company said Pokemon Pocopia surpassed 5 million units sold on the Switch 2,
00:11according to CNBC. The milestone came just over four months after launch,
00:16making it the Switch 2's second best-selling game behind Mario Kart World.
00:21Investors closely watch game sales because hit titles can support console shipments.
00:26Nintendo sold 3.82 million Switch 2 consoles in the June quarter,
00:30down 34.4% year-over-year,
00:33and forecast 16.5 million console sales for the fiscal year ending March 31, 2017.
00:40Nintendo also announced updates and expansion packs for Pokemon Pocopia.
00:45Shares remain down more than 16% this year,
00:48but have gained more than 26% over the past month.
00:51For all things money, visit Benzinga.com.
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