Nintendo shares plummet when investors learn it didn't make Pokémon Go

Fixed the chart/graph.

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Your interpretation is still too kind. Saying that Nintendo was valued higher than it should have been completely glosses over the fact that what really happened is that for a moment, people said Nintendo was valuable, so it was.
For a moment, the rational part of capitalist markets was exposed as just a speculative system where value has no rational measure and or actors.

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