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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 ...

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Comment11

  • iamateh
    ·2022-08-09
    k
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  • Ignis
    ·2022-08-09
    Ok
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  • Ezumu
    ·2022-08-09
    Cgg
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  • 来人
    ·2022-08-09
    Ok
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  • Charging
    ·2022-08-09
    [smile] 
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  • Remotecam
    ·2022-08-09
    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.
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  • alod
    ·2022-08-09
    Ok
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  • Mindthink
    ·2022-08-09
    Ok
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  • UTOtrader
    ·2022-08-09
    T
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  • DarrenTayCW
    ·2022-08-09
    ok
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  • JSY25
    ·2022-08-09
    Sounds like forced selling, the bank need cash..
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