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Shares of Nintendo, SoftBank tumble after earnings By Reuters

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© Reuters. FILE PHOTO: SoftBank Corp’s logo is pictured at a news conference in Tokyo, Japan, Feb. 4, 2021. REUTERS/Kim Kyung-Hoon/File Photo

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TOKYO (Reuters) – Shares of Japan’s Nintendo Co Ltd (TYO:) and SoftBank Group Corp fell sharply on Wednesday, a day after both unveiled earnings that fell short of expectations, as tech firms around the globe send a cautionary signal to investors.

Shares of Nintendo were down 8.3% in early Tokyo trade, while SoftBank shares were down 6.6%.

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