If You Invested $1,000 In Nintendo Stock When The First Pokemon Game Was Released In The US, Here's How Much You'd Have Now - Nintendo Co (OTC:NTDOY)

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The Pokemon Company celebrated its 25th anniversary in 2021. The company continues to power forward with new products like video games, trading cards and collectibles. Here’s a look at how the franchise has also helped video game company Nintendo Co NTDOY, a partial owner and distributor of the company.

What Happened: One of the bestselling video game franchises of all time is Pokemon, a brand that has seen its games launched exclusively for Nintendo gaming products like the Game Boy, Gamecube, Nintendo 62, Nintendo DS and Nintendo Switch.

The newest game series “Pokemon Scarlet” and “Pokemon Violet,” which offer open world gameplay, were released on Nov. 18, 2022 and could quickly become bestsellers.

“Pokemon: Brilliant Diamond” and “Pokemon: Shining Pearl,” which were released in 2021 were the fourth bestselling video game title in 2021.

Nintendo has seen strong success with its Pokemon franchise, dating back to “Pokemon Red” and “Pokemon Blue,” which were released on the Game Boy in September 1998 in North America, two years after their release in Japan.

The first Pokemon games went on to be the fastest-selling Game Boy games and the bestselling video game title in 1999. The games find themselves on many lists of the best video games of all time, ranked by industry experts.

While gamers were excited to play the first Pokemon games, investors in Nintendo have also been happy to watch the success of exclusive games like those in the Pokemon and Mario franchises, which have helped boost Nintendo’s sales. Nintendo owns 32% of The Pokemon Company.

Related Link: Nintendo Acquires A Movie Company, Are We Getting More Video Game Movies 

Investing $1,000 in Nintendo: Shares of Nintendo trade over the counter as an American Depositary Receipt in the U.S.

A $1,000 investment in Nintendo stock on Sep. 28, 1998, could have purchased 434.78 shares based on a split-adjusted price of $2.30.

The $1,000 investment would be worth $4,569.54 today, based on the current $10.51 price for Nintendo stock.

This represents a return of 357% over the last 24 years, or an average of 14.9% annually.

Read Next: Goldeneye, New Legend Of Zelda Game Coming To Nintendo Switch: What Investors Should Know

Photo: Created with an image from Xabi Vazquez on flickr

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Image and article originally from www.benzinga.com. Read the original article here.