SoFi Shares Fall After SoftBank Says It Will Sell All or Part of Stake

Bloomberg2022-08-09

SoftBank Group Corp. is selling at least part of its 9% stake in SoFi Technologies Inc., part of a sweeping effort at the Japanese conglomerate to reduce costs and stem losses in the valuation of its ...

Source Link
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • iamateh
    2022-08-09
    iamateh
    k
  • Ignis
    2022-08-09
    Ignis
    Ok
  • Ezumu
    2022-08-09
    Ezumu
    Cgg
  • 来人
    2022-08-09
    来人
    Ok
  • Charging
    2022-08-09
    Charging
    [smile] 
  • Remotecam
    2022-08-09
    Remotecam
    Softbank selling SoFi shares is a huge loss to Softbank, not SoFi.  Must have been a very painful decision, but the pain of $23 billion loss  is far greater. Softbank made some huge investment errors this year, but SoFi was not one of them.
Leave a comment
11