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The eagerly awaited Nintendo Switch 2 launch is creating excitement among both gamers and retailers. While Best Buy (NYSE: BBY) stands to benefit from the increased demand, even a hit product cycle may not be sufficient to counter the retailer’s rising financial and macroeconomic challenges.
Nintendo said it sold over 3.5 million units of its flagship Switch 2 gaming system in the four days since release, a record-breaking start for the company.
Nintendo Co.'s Switch 2's record-breaking launch signals strong demand, but high expectations are already priced into the stock. Find out why NTDOY is a Hold.
It's been a full 11 days since the Nintendo Switch 2 went on sale, promptly selling out, with rare restocks appearing sporadically at various retailers. But Amazon has added a surprise restock – so you'll need to be quick if you want to bag the console.
Nintendo Switch 2 restocks turn into chaos as scalpers jack prices to $800, leaving fans frustrated and retailers scrambling to meet demand.
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At over 3.5 million units sold in just four days, the Nintendo Switch 2 is now the fastest-selling game console of all time, and shows no signs of stopping, with some retailers still having trouble keeping them in stock.