Wow, so the gaming company, Nintendo, lost a total of 17.7% of the value in the stock market.
How?
So apparently investors thought that Nintendo(and only Nintendo) developed Pokemon GO, and this so not the case.
To be clear, there are actually a whole slough of companies that contributed to the entire dev phase. A lot of share holders lost money.
It is also notable to mention that Nintendo's stock were up by 120% !! from July 19th.
Who?
The following companies contributed; Nintendo, Game Freak, Creatures, (who own the Pokemon Company 3 ways) Niantic and even Google.(well, Google and The Pokemon Company were investors of Niantic )
Niatntic is actually the proprietor for the game we all love.
I just though this was really crazy and wanted to shed some light into this.
hope you all have a great day!