SoftBank Sheds $15 Billion On U.S. Tech Stock Rout - Tech news daily

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Tuesday, 8 September 2020

SoftBank Sheds $15 Billion On U.S. Tech Stock Rout

SoftBank Group Corp shares were down 5% in afternoon trade on Wednesday, extending this week's slump that has wiped $15 billion from its market capitalisation, as investors worried about the conglomerate's exposure to sliding U.S. tech stocks.

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