Shares of SoftBank Corp. (OTCMKTS:SFBQF – Get Free Report) rose 9.2% during trading on Wednesday . The stock traded as high as $1.6250 and last traded at $1.4965. Approximately 86,108 shares traded hands during mid-day trading, an increase of 207% from the average daily volume of 28,003 shares. The stock had previously closed at $1.37.
SoftBank Stock Up 9.2%
The company’s fifty day moving average price is $1.51 and its 200 day moving average price is $1.51.
SoftBank Company Profile
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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