Stock Market News

SoftBank shares rise 3% on news of trimming Alibaba stake

08/12/2022

Less than a minute

2022.08.12 03:30

SoftBank shares rise 3% on news of trimming Alibaba stake
FILE PHOTO: SoftBank’s logo is pictured at a news conference in Tokyo, Japan, Feb. 4, 2021. REUTERS/Kim Kyung-Hoon

TOKYO (Reuters) – Shares in SoftBank Group Corp rose 3% in morning trading in Tokyo on Friday after the Japanese conglomerate said it would book a $34.1 billion gain by trimming its stake in Alibaba (NYSE:BABA) Group Holding.

08/12/2022

Less than a minute

Leave a Reply Cancel reply

You must be logged in to post a comment.

Bitcoin (BTC) $ 84,225.57 0.01%

Ethereum (ETH) $ 1,912.30 1.19%

Tether (USDT) $ 1.00 0.01%

XRP (XRP) $ 2.34 3.34%

BNB (BNB) $ 605.82 0.22%

Solana (SOL) $ 130.16 3.36%

USDC (USDC) $ 1.00 0.01%

Cardano (ADA) $ 0.712467 4.84%

Dogecoin (DOGE) $ 0.171267 2.97%

TRON (TRX) $ 0.216481 2.81%

Lido Staked Ether (STETH) $ 1,905.42 1.55%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 84,108.54 0.02%

Pi Network (PI) $ 1.41 3.46%

LEO Token (LEO) $ 9.77 0.31%

Chainlink (LINK) $ 13.72 2.12%

the-open-network

Toncoin (TON) $ 3.42 0.92%

USDS (USDS) $ 0.999964 0.05%

Stellar (XLM) $ 0.268274 2.35%

Wrapped stETH (WSTETH) $ 2,266.10 2.20%

hedera-hashgraph

Hedera (HBAR) $ 0.189463 1.55%

Shiba Inu (SHIB) $ 0.000013 5.20%

Avalanche (AVAX) $ 18.88 1.93%

Sui (SUI) $ 2.28 3.25%

Litecoin (LTC) $ 90.37 2.58%

Bitcoin Cash (BCH) $ 333.33 3.25%

MANTRA (OM) $ 6.80 3.89%

Polkadot (DOT) $ 4.31 1.69%

Ethena USDe (USDE) $ 0.999923 0.01%

WETH (WETH) $ 1,910.13 1.32%

Bitget Token (BGB) $ 4.42 0.67%

binance-bridged-usdt-bnb-smart-chain

Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.997742 0.15%

Hyperliquid (HYPE) $ 13.52 7.76%

WhiteBIT Coin (WBT) $ 28.78 0.22%

Wrapped eETH (WEETH) $ 2,029.35 1.33%

Monero (XMR) $ 211.03 0.43%

Uniswap (UNI) $ 6.14 0.04%

sUSDS (SUSDS) $ 1.04 0.06%

Dai (DAI) $ 0.999915 0.01%

Aptos (APT) $ 5.25 1.86%

NEAR Protocol (NEAR) $ 2.59 2.17%

Pepe (PEPE) $ 0.000007 4.79%

OKB (OKB) $ 46.98 1.24%

Mantle (MNT) $ 0.816137 9.58%

internet-computer

Internet Computer (ICP) $ 5.70 1.46%

Ethereum Classic (ETC) $ 17.69 1.78%

Ondo (ONDO) $ 0.84449 3.15%

gatechain-token

Gate (GT) $ 21.50 0.18%

coinbase-wrapped-btc

Coinbase Wrapped BTC (CBBTC) $ 84,367.60 0.17%

Aave (AAVE) $ 168.05 3.46%

tokenize-xchange

Tokenize Xchange (TKX) $ 29.98 2.28%