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Why Nintendo Stock Popped on Monday

TheMotleyFool

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Why Nintendo Stock Popped on Monday: https://g.foolcdn.com/editorial/images/827931/team-of-videogamers-cheering.jpg

Nintendo (OTC: NTDOY) stock jumped in Monday trading, rising 7.1% through 11:20 a.m. ET in response to a press release the Japanese video game company put out just before the weekend began.

Pricing for the company's various Nintendo Switch gaming consoles and related products will change in the United States "based on market conditions," said the company, "effective August 3, 2025." And by "market conditions" it seems the company means President Trump's tariffs on Japanese imports.

Image source: Getty Images.

Source Fool.com