Despite the hype and excitement surrounding the Nintendo Switch 2, Nintendo has suffered a notable decline in its share price following the announcement of its upcoming console. Reactions to the Switch 2 are mixed, resulting in immediate negative feedback from the market at large.
So basically it’s not falling because of mixed reaction, it’s falling because people cashing in
You could say it is falling because the announcement didn’t meet investors expectations but we must never use that as a gauge of success.