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Nintendo Stock (NTDOF) Rises on Patent Victory and Gaming Market Optimism
Nintendo Stock (NTDOF) Rises on Patent Victory and Gaming Market Optimism
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BTCCSquare news:
Nintendo shares gained 0.71% Wednesday as twin catalysts propelled investor confidence. The gaming giant secured a U.S. patent covering character summoning mechanics—a Core feature of its Pokémon franchise—amid ongoing litigation against Palworld developer Pocketpair for alleged infringement.
Separately, research firm Newzoo projects the global games market will grow 3.4% to $188.8 billion in 2025, citing Nintendo's upcoming Switch 2 launch as a key growth driver. The patent development strengthens Nintendo's IP enforcement capabilities while industry tailwinds underscore its market positioning.
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