McDonald’s Japan Shares Soar, to Collaborate on Pokemon GO Soon

McDonald’s Japan Shares Soar, to Collaborate on Pokemon GO Soon
July 21 10:00 2016 Print This Article

TOKYO (Reuters) – Shares of Japan’s McDonald’s Holdings Co jumped to their highest level since 2001 in early trade on Thursday after the company said it would collaborate on the Pokemon GO game “soon”.

The stock jumped as much as 7.4 percent to 3,775 yen, its highest since 2001. It gained 5.3 percent and 9.8 percent on Tuesday and Wednesday, respectively, on a media report that the fast-food chain would become the game’s first sponsor.

(Reporting by Ayai Tomisawa; Editing by Chris Gallagher)