SoftBank Dives Into Tech Stocks
Video Credit: Wochit News - Duration: 00:27s - Published
SoftBank Dives Into Tech Stocks
Japan's SoftBank Group Corp.
Bought $4 billion of shares in tech companies and another $4 billion of call options.
Business Insider says the purchase is tied to roughly $50 billion in tech stocks, Regulatory filings showed Softbank's tech-stock buying activity.
The filings did not show the options purchase.
According to the Wall Street Journal Softbank sold the call options at a higher price.
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