TOKYO — Shares in Japan’s Nintendo fell 12.2 percent Friday after it posted a first-quarter loss, cut forecasts and slashed the price of its 3DS handheld console by 40 percent, less than six months after its launch. The gaming giant tumbled to a close of 12,290 yen at the Osaka Stock Exchange. At one point they dived more than 20 percent to hit six-year lows, the day after the firm booked a net loss of 25.5 billion yen ($327.9 million) for the April-June quarter.

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