Nintendo Stock Surges Over 10% Thanks to Pokemon Go's Strong Launch

Pokemon Go is off to a strong start. So strong in fact that Nintendo's stock price surged 10% a day after the game released, increasing the value of the entire company by $2 billion (from ~$18B to ~$20B). The game has launched to an incredible amount of enthusiasm and fanfare that servers have routinely been unstable due to an influx of players constantly trying to log in.

Nintendo has been slow to embrace mobile gaming, but it looks like that's starting to change. Pokemon GO is one of about 5 mobile games Nintendo plans on releasing by 2017. Given their huge roster of popular franchises and Nintendo's size, this does seem a bit underwhelming. Perhaps they're aiming for quality over quantity though.