Nintendo Co., Ltd. ADR  |  OTCPK - Current
52wk high:38.25
52wk low:16.73
PE (ttm):32.64
Div Rate (ttm):-
Yield (ttm):-
Market Cap:$25.09B
  • Aug. 20, 2012, 12:21 AM
    After laying off the majority of its staff, cloud gaming service OnLive announces it has been sold to investment firm Lauder Partners in a deal that will wipe out existing equity (and perhaps trigger lawsuits). It's a major blow for a service many saw as a threat to Microsoft, Sony, and Nintendo's consoles, due to its ability to stream games to a variety of platforms. OnLive has struggled with high operating costs and competition from the Steam distribution service, which offers more titles. (Sony/Gaikai) Aug. 20, 2012, 12:21 AM