Retailer named in the story for canceling Zelda Switch 2 pre-orders and offering gift cards and reorder options to buyers. · Consumer Defensive
Walmart is named in the story as the retailer that reportedly canceled Zelda Switch 2 pre-orders and offered gift cards and reorder options [2]. Its shares closed at $127.72 on November 5 and $125.48 on November 6, down 1.75%, a coincidence in time that does not show the event caused the move. Its next earnings report is November 19 before the open, with estimated EPS of 0.64.
Price between closes
$127.72 → $125.48Close of November 5 and November 6
Fair value (ATLAS)
$48.03Fair range: $35.30 to $65.35The price ($125.48) is 161.3% above that figure.
Chance of a rise in 1 month
52%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $119.93 and $131.98; 9 in 10, between $110.17 and $143.67.
Online retailer named in the story as a channel where the Zelda Switch 2 console sells out quickly and stock is scarce. · Consumer Cyclical
Amazon is named as a channel where the console sells out quickly and stock is scarce [1]. Its shares closed at $260.21 on November 5 and $259.34 on November 6, down 0.33%, a coincidence in time rather than a demonstrated effect. The S&P 500 rose 0.74% between the same two closes.
Price between closes
$260.21 → $259.34Close of November 5 and November 6
Fair value (ATLAS)
$278.02Fair range: $120.65 to $367.22The price ($259.34) is 6.7% below that figure: close to its fair value.
Chance of a rise in 1 month
50%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $242.32 and $277.26; 9 in 10, between $215.05 and $312.41.
S&P 500 between the same closes (November 5 and November 6): 7,353.73 → 7,408.34 points, +0.74%.
What happened
Walmart reportedly canceled some pre-orders for the Nintendo Switch 2 Zelda 40th Anniversary Edition and is sending $519.99 gift cards to affected buyers [2]. The console remains hard to find at major US retailers, including Walmart and Amazon [1]. Shares of Walmart and Amazon both closed lower on November 6 than on November 5, a coincidence in time only.
Walmart reportedly canceled some pre-orders for the Zelda 40th Anniversary Edition and is supposedly sending $519.99 eGift cards to affected buyers, according to Nintendo Life as cited by one outlet. As of November 3, 2026, the story rested on customer emails and press reports rather than a public Walmart statement [2].
The offer reportedly has two parts: a gift card equal to the console's reported price, and an "Exclusive Reservation" that lets some customers reorder. Kotaku frames the reorder around a 48-hour window. The cancellation emails reportedly called the move "in error" [2].
A November 6 retailer guide says the Nintendo Store and Walmart were out of stock, and it describes inventory vanishing within seconds on Amazon. It also mentions bots and surprise cancellations at Walmart [1].
Another report says the special edition costs $519.99 and that the console is not expected to have a restricted production run. It also says Nintendo President Shuntaro Furukawa ruled out future console price increases due to secured memory supply [3].
What ATLAS data show
ATLAS model estimates are not promises. For Walmart, the fair value estimate is $48.03 (range $35.30 to $65.35), and the November 6 price is 161.25% above that value. For Amazon, the estimate is $278.02 (range $120.65 to $367.22), and the price is 6.72% below it. The two companies therefore sit in very different places relative to the model, and a single console story does not explain either gap.
Two closes on consecutive days show a coincidence in time, not causality; many factors move share prices. Figures come from closing prices and may change, and the Walmart cancellation details rest on reports rather than a public company statement [2].
What you get with ATLAS
Fair value of each company, with its range, against today's price.
Chance of a rise in 1 month and the normal price range, from a calibrated model.
Earnings: next date, estimated EPS and surprise history.
Dividends and alerts by email when a company reports.
Closing prices, fair value, probabilities, earnings and dividends: ATLAS own data as of November 7, 2026. How we calculate fair value.
Information, not advice. This content is informational and is not an investment recommendation or an offer to buy or sell securities. ATLAS estimates come from statistical models using public data, can be wrong, and past performance does not guarantee future results. Disclaimer
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