SoftBank Corp. (OTCMKTS:SFBQF – Get Free Report)’s stock price traded up 4.9% during mid-day trading on Friday . The stock traded as high as $1.4350 and last traded at $1.38. 46,155 shares changed hands during mid-day trading, an increase of 57% from the average session volume of 29,349 shares. The stock had previously closed at $1.3150.
SoftBank Price Performance
The company has a fifty day simple moving average of $1.45 and a two-hundred day simple moving average of $1.49.
About SoftBank
SoftBank Group Corp., trading in the U.S. as OTCMKTS:SFBQF, is a Japan‐based multinational conglomerate holding company with a diversified portfolio spanning telecommunications, internet services and technology investments. Established in 1981 by Masayoshi Son, the company began as a software distributor and quickly expanded into mobile communications, broadband and fixed‐line services through its flagship subsidiary, SoftBank Corp. Today, it operates one of Japan’s leading 5G networks and offers IoT, cloud and AI solutions to both consumer and enterprise customers.
Beyond its core telecommunications operations, SoftBank has garnered global recognition for its aggressive investment strategy in emerging and high-growth technology sectors.
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