Shares of Nintendo plunged on Wednesday after the company announced a delay in the launch of the highly-anticipated Animal Crossing sequel.
By the end of the trading day in Tokyo on Wednesday, shares of Nintendo were down 3.53%.
The shares took a fall after Nintendo announced on Tuesday during E3 that they are delaying the launch of the latest game, originally scheduled to be released later in 2019, it has since been pushed back to March 20, 2020.
It was expected that the title was among those big-hitters what would help boost sales of Nintendo’s Switch console sales, perhaps releasing a Switch/Animal Crossing console bundle, plans that will most likely be shelved.
Previous reports have also suggested that at least one new version of Switch hardware could be in the works, a move that could see light and more child friendly versions of the console to be released, however, Nintendo didn’t release any details of this at E3.