SoftBank (OTCMKTS:SOBKY) Trading Down 0.9% – Here’s What Happened

SoftBank Corp. (OTCMKTS:SOBKYGet Free Report)’s stock price dropped 0.9% during mid-day trading on Tuesday . The company traded as low as $14.17 and last traded at $14.55. Approximately 90,489 shares traded hands during mid-day trading, an increase of 12% from the average daily volume of 80,464 shares. The stock had previously closed at $14.68.

SoftBank Stock Performance

The stock’s 50-day moving average price is $15.14 and its 200-day moving average price is $14.27.

About SoftBank

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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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