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 .

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.