SynopsisThe ⁠Kyoto-based ⁠company's stock price has been hammered ​by concerns over a lack of high-profile ​games to build momentum for the Switch 2 gaming device.Nintendo's shares fell 7.5% on Wednesday after the company's Nintendo Direct presentation of forthcoming games lacked titles from top franchises such ‌as "Super Mario".The ⁠Kyoto-based ⁠company's stock price has been hammered ​by concerns over a lack of high-profile ​games to build momentum for the Switch 2 gaming device.The shares ​are down around ⁠a third ‌year-to-date.The lack of a "mainline ​3D ​Mario" for this year's ⁠holiday shopping season is "commercially meaningful", Jefferies ​analyst Atul Goyal wrote in ​a client note.The Switch 2 launched last June with titles including "Mario Kart World" and later "Donkey Kong Bananza"."Year 2 now enters ‌the holiday window without a franchise title of comparable ​pull," Goyal ​wrote.Last ⁠month Nintendo hiked Switch 2 prices as it grapples with a memory chip ​price boom, which is also seen as a risk to sales momentum due to its price-sensitive consumer base. ...moreElevate your knowledge and leadership skills at a cost cheaper than your daily tea.Subscribe Now