It dropped because there are talks that Ninty is about to release info on their next console, the NX, in March-April and it would hit the market later in the year. This means that they are abandoning their current console (Wii U), and games are probably being developed for the NX already as we speak. Nintendo also expects NX to be profitable in 2018, so take that how you will.
Nintendo needs to sell the Seattle Mariners. They are sitting on a baseball team that can do more and putting it up for sale could fetch a lot of interest along with freeing up much needed capital in US Dollars.
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