SoftBank (OTCMKTS:SOBKY) Trading Up 0.4% – Still a Buy?

Shares of SoftBank Corp. (OTCMKTS:SOBKYGet Free Report) were up 0.4% during mid-day trading on Monday . The stock traded as high as $13.62 and last traded at $13.59. Approximately 164,417 shares changed hands during trading, an increase of 10% from the average daily volume of 149,306 shares. The stock had previously closed at $13.54.

SoftBank Stock Up 0.4%

The business has a fifty day moving average price of $13.71 and a 200-day moving average price of $14.44.

About SoftBank

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SoftBank Group Corp., trading on the OTCMKTS as SOBKY, is a Japan-based multinational holding company with diversified interests in technology, telecommunications and investment management. Founded in 1981 by Masayoshi Son, SoftBank initially built its reputation as a domestic telecom operator before pivoting toward global technology investments. Headquartered in Tokyo, the company operates through several key subsidiaries and strategic partnerships to deliver broadband and mobile services, enterprise network solutions, and cloud-based platforms.

In addition to its core telecommunications business, SoftBank is widely recognized for its Vision Fund, one of the world’s largest technology-focused investment vehicles.

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