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July 25, 2016 02:21 pm -04

Nintendo loses billions in value after 'Pokemon Go' truth bomb

Pokemon Go is an unprecedented success, but Nintendo recently admitted it won't directly profit from the augmented reality game, leading to a loss of $6.7 billion in Nintendo's market value on Monday. Nintendo's market value rose by $7.5 billion on J...

Original Link: https://www.engadget.com/2016/07/25/nintendo-pokemon-go-shares-stock-fall/

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Engadget

Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WI

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