Nintendo Declines as Switch Leak Suggests Too-High Price

Hours before the company’s executives prepared to take the stage, Wal-Mart Stores Inc. listed the new device for C$399 on its Canadian website, a price that was above analysts’ estimates and slightly more than the cost of a Xbox One or PlayStation 4 console. Nintendo shares fell as much as 3.9 percent, mirroring a drop seen in October when the Switch was first unveiled.