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Shares of the over the counter traded security peaked in mid July around $38 per share (which we highlighted with a climbing in short interest), as it became more and more evident that the profit generated from the game’s revenues wasn’t falling right to the bottom line. The problem lied mostly in the fact that Nintendo has just a 32% stake in the Pokmon Company, which developed the game alongside Niantic. So, once the revenue split with Apple and Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) is finished, then the sales are split among even more parties, and it really didn’t leave Nintendo with as much as investors had hoped..
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