During its E3 Direct presentation, Nintendo revealed that the hotly anticipated Animal Crossing: New Horizons has been delayed until 2020. Some fans were left upset, and others excused the delay if it means we'll get the best possible final product, but it would appear that investors were not happy with the news at all.
On Wednesday, shares in Nintendo closed 3.53% lower than the previous day. Financial Times reports that the fall has taken more than $1 billion off the company's stock market value, with the Animal Crossing delay being the most prominent cause for worry among investors.
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