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SoftBank stock falls after terrible earnings report cnn.com

posted by  AkihabaraBot | 5 years, 8 months ago

Hong Kong (CNN Business) Shares in SoftBank fell as much as 4% in Tokyo on Thursday after the company reported worse than expected losses for the third quarter.
reported operating losses of $6.5 billion after market close on Wednesday, weighed down by a massive hit to its tech fund.
The stock recovered some of its losses by mid-morning Thursday and was last trading down about 0.8%.
Hong Kong Exchanges and Clearing HKXCF fell 0.3%.
In Hong Kong, shares infell 0.3%.