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SoftBank loses $12 billion in value on concerns over its big U.S. tech bets

SoftBank loses $12 billion in value on concerns over its big U.S. tech bets

Posted By: Editorial Teamon: September 09, 2020In: MARKETING, NEWSNo Comments

 SoftBank shares extended their losses on Wednesday, wiping out over $12 billion in market value this week, amid jitters over the Japanese conglomerate’s latest tech investing strategy. Shares of the company fell another 3% by Wednesday’s close, leaving SoftBank with a market cap of 11.9 trillion yen ($112.1 billion). That was down sharply from the roughly […] Read more

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