SoftBank (OTCMKTS:SFBQF) Shares Down 4% – What’s Next?

SoftBank Corp. (OTCMKTS:SFBQFGet Free Report)’s stock price dropped 4% during mid-day trading on Tuesday . The stock traded as low as $1.20 and last traded at $1.20. Approximately 54,555 shares were traded during mid-day trading, an increase of 37% from the average daily volume of 39,719 shares. The stock had previously closed at $1.25.

SoftBank Stock Performance

The business’s 50 day moving average price is $1.29 and its 200-day moving average price is $1.30.

SoftBank Company Profile

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SoftBank Corp., together with its subsidiaries, engages in the telecommunication and information technology businesses in Japan. It operates through Consumer, Broadband, Electricity, Yahoo/LINE Business, Financial, and Other Business segments. The Consumer segment offers mobile services under the SoftBank, Y!mobile, LINE MOBILE, and LINEMO brands.

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