35 days ago • Posted by William Ramstein

SoftBank Group shares plunged by more than 8%

After SoftBank reported the highest net income ever seen on Japanese markets, a figure equal to 1.93 trillion yen, (or about twice what second best Toshiba could do), the share price fell. Company IRR is up from a year ago but technology equity prospects are down as markets are seeing a general sell-off derived from inflationary concerns going forward.

Source: Bloomberg

#Funds #Technology