Bloomberg elaborates on why Nintendo's stock experienced the drop in the wake of what was mostly good news. Even though the Switch continues to sell, the drop in profit may have acted as a reminder to many that a lot of the people who turned to gaming will eventually turn away as the pandemic continues to wind down. There has also not been a launch that could match the monster that was 2020's Animal Crossing: New Horizons. Nintendo's top performer last quarter was New Pokemon Snap which sold 2.07 million copies, not including Japan.