Nintendo stock drops after lukewarm Super Mario Run release

After the heavily anticipated Super Mario Run application for the iOs was released on iPhones and iPads on Thursday and negative reviews began to come in, Nintendo's stock dropped 11 percent. Image courtesy of Nintendo of America

REDMOND, Wash., Dec. 19 (UPI) — Nintendo’s stock decreased 7.1 percent on Monday following the release of the heavily anticipated Super Mario Run smartphone game, which was met with tepid reviews.

The company’s stock has decreased 11 percent since Super Mario Run’s release on Apple’s iPhones and iPads on Thursday. Super Mario Run became the highest grossing video game in 11 different countries after the weekend, but the $9.99 price tag to unlock all levels has left many users unsatisfied.

The app has received more than 53,000 reviews and currently has a rating of two and ahalf stars out of a possible five stars.

Nintendo’s partner in developing Super Mario Run, DeNA, has seen its stock decrease by 14 percent.

Users can play the first three levels for free but the $10 price tag has led to many negative reviews.

“Investor expectations were very strong,” Hideki Yasuda, an analyst at Ace Research Institute, told Bloomberg. “There are a lot of people writing on the App Store that Super Mario Run isn’t very fun. Perhaps expectations were too high.”

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