Nintendo stock surges following Zelda: Ocarina of Time remake launch

Nintendo (OTCMKTS: NTDOY) stock is surging on Thursday, November 5, following the highly successful launch of The Legend of Zelda: Ocarina of Time remake for the Switch 2. Like the original, the game was met with universal acclaim, and the developer’s shares reacted with a 6.75% up-tick, now trading at $13.76 over-the-counter in the U.S. The rally was further supported by Nintendo’s third-quarter earnings report . As the report showed, the company has sold over 26 million Switch 2 units since it launched in summer last year. However, from July to September 2026, net profit was down 29%, coming in at ¥73.5 billion (~$465.3 million), meaning it missed estimates of 82.2 billion yen.

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