SoftBank (OTCMKTS:SFBQF) Shares Down 3.8% – Here’s What Happened

SoftBank Corp. (OTCMKTS:SFBQFGet Free Report) dropped 3.8% on Monday . The stock traded as low as $1.25 and last traded at $1.26. Approximately 23,913 shares changed hands during mid-day trading, an increase of 2% from the average daily volume of 23,519 shares. The stock had previously closed at $1.31.

SoftBank Price Performance

The stock has a 50-day moving average price of $1.30 and a two-hundred day moving average price of $1.30.

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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