SoftBank Corp. (OTCMKTS:SFBQF – Get Free Report) fell 0.4% on Friday . The stock traded as low as $1.3180 and last traded at $1.37. 15,709 shares traded hands during mid-day trading, a decline of 67% from the average session volume of 47,676 shares. The stock had previously closed at $1.3750.
SoftBank Stock Performance
The business has a 50 day simple moving average of $1.37 and a 200-day simple moving average of $1.46.
SoftBank Company Profile
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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