SoftBank (OTCMKTS:SOBKY) Shares Down 1.4% – Time to Sell?

SoftBank Corp. (OTCMKTS:SOBKYGet Free Report)’s share price dropped 1.4% on Thursday . The company traded as low as $12.53 and last traded at $12.56. Approximately 32,917 shares traded hands during trading, a decline of 41% from the average daily volume of 55,516 shares. The stock had previously closed at $12.74.

SoftBank Stock Performance

The stock’s fifty day moving average is $13.44 and its two-hundred day moving average is $12.74.

About SoftBank

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SoftBank Corp., together with its subsidiaries, engages in the telecommunication and information technology businesses in Japan. It operates through Consumer, Broadband, Electricity, Yahoo/LINE Business, Financial, and Other Business segments. The Consumer segment offers mobile services under the SoftBank, Y!mobile, LINE MOBILE, and LINEMO brands.

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