SoftBank (OTCMKTS:SFBQF) Stock Price Up 7.9% – Here’s What Happened

SoftBank Corp. (OTCMKTS:SFBQFGet Free Report) shares rose 7.9% during mid-day trading on Friday . The company traded as high as $1.36 and last traded at $1.36. Approximately 763 shares were traded during trading, a decline of 96% from the average daily volume of 19,966 shares. The stock had previously closed at $1.26.

SoftBank Stock Performance

The business’s 50 day moving average price is $1.31 and its 200-day moving average price is $1.28.

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.

Further Reading

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