TOKYO -- Nintendo's stock price has soared to record highs despite a lackluster earnings outlook as the shares benefit from excitement over a Switch successor and an anticipated boost to spending power among young gamers in Japan due to anticipated tax changes.
The Japanese video game company's shares rose 1% on Monday to 9,184 yen. The stock has remained steady after hitting an all-time high of 9,370 yen on Dec. 5.
