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Nintendo Switch is the get of a beloved Japanese game, and investors are going crazy

The Switch is a monster for Nintendo — both literally and figuratively.

Capcom, which makes games like “Street Fighter” and “Resident Evil,” announced that Monster Hunter XX” comes to Nintendo’s latest console, a sign that third party developers are encouraged by what they see of Nintendo.

“Monster Hunter XX,” released in November 2015, is popular in Japan, selling more than 1.5 million copies in the first two days of the release. The game has players take on a variety of tasks that are related to the hunting of dangerous animals.

Capcom already has an older virtual version of Street Fighter II available for download on the Switch.

In the past few weeks, the third-party developers such as EA and possibly Activision have hinted at the support of the console than what they initially said.

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On a recent conference call with investors, EA CEO Andrew P. Wilson said that the company “it feels really good” about the Switch, which they have already agreed to its popular soccer franchise “FIFA”.

“We remain bullish on [Switch] and are looking for other titles that we could get to the Switch,” Wilson told investors.

Activistion, which makes the popular “Call of Duty franchise, recently re-introduced the ability to link Nintendo accounts with Call of Duty’s online systems, a position he had previously turned off.

Nintendo has previously said that it sold more than 2.74 million units of the Switch, a surprisingly strong figure, despite the fact that launched in March, a month not known for console launches.

The shares of Nintendo rose in the Japanese market on Friday, after the Monster Hunter news, rising more than 5% to hit their highest level in a year. The shares are up more than 30% year-to-date.

 

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