Nintendo Shares Soar 10% as Surprise Hit Pokémon Game Lifts Mood

Pokémon PokopiaSource: Nintendo Co.

Nintendo Co. shares gained as much as 10.5% in their steepest climb since April as the surprise success of its new Pokémon game helped offset worries around rising memory costs.

The rally comes as physical copies of Pokémon Pokopia, released exclusively for the Switch 2 console on March 5, have sold out at several major retailers in the US.