SoftBank shares fall 3.5% after flagging first financial year loss in 15 years

April 14, 2020 admin Business News Comments Off on SoftBank shares fall 3.5% after flagging first financial year loss in 15 years

SoftBank Group Corp shares fell 3.5% on Tuesday morning after estimating the Vision Fund will record a 1.8 trillion yen ($16.73 billion) loss in the year ended March due to the tumbling value of bets on unproven startups.

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Source:: Reuters – Business News