Attendees play Super Mario video games on the Nintendo Co. exhibition stand at the Gamescom gaming industry event in Cologne, Germany, on Tuesday, Aug. 20, 2019.surged Friday morning after the Japanese gaming company said Thursday that its second-quarter operating profit more than doubled amid strong sales for the recently launched Switch Lite device.In a note following the release, analysts at Morgan Stanley said Nintendo's operating profit ratio of 24.
Sales figures for the Switch Lite — a stripped down and lower-priced version of Nintendo's flagship Switch console — are being closely watched by the market. Analysts previously told CNBC that the device was part of Nintendo's strategy to sell more than one Switch console to each household.
Shares surge as ports get worse.
We love the Switch!!!