Nintendo's market capitalization continues to soar to stratospheric heights. Having passed up Sony earlier this summer, Nintendo's stock has reached the penultimate milestone: it is now Japan's second most valuable company, reports Reuters.
The company's market cap (the total value of all of its shares of stock) is now 8.39 trillion yen. That's up from 6.59 trillion in June, which is when it first passed Sony. But it's unlikely that Nintendo will ever achieve the number-one slot, unless Toyota (market cap: 24 trillion yen) cars are found to give babies and dogs cancer or something.
For fun today, page through the historical stock prices for Nintendo and Sony on Google.
Nintendo is Japan's 2nd most valuable active stock [Reuters]
