Shares of Nintendo, SoftBank tumble after earnings

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TOKYO (Reuters) – Shares of Japan’s Nintendo Co Ltd (TYO:7974) 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%.