Nintendo Stocks Rise to Highest Point in Two Years

Nintendo's stock rose significantly this week, reaching the highest point since June 2011.

According to Bloomberg, the rise to 14,050 Yen was the highest in two years. The move is likely due to the recent release of Animal Crossing: New Leaf for Nintendo 3DS and the strong opening weekend for Pikmin 3 in Japan.

"The stock is up from mixing all these factors. The stock is in a upward trend. There may be some investors who are forced to buy back the shares.

Takashi Oba, a senior strategist at Okasan Securities Co.

With the Wii U hardware "recovery" plan set in motion through a series of key titles for the remaining five months of 2013, Nintendo are looking to be a in far healthier position.