Shares of SoftBank Corp. (OTCMKTS:SOBKY – Get Free Report) shot up 0.4% on Thursday . The stock traded as high as $14.17 and last traded at $14.13. 50,263 shares traded hands during trading, a decline of 61% from the average session volume of 129,270 shares. The stock had previously closed at $14.07.
SoftBank Stock Performance
The company’s 50 day simple moving average is $12.94 and its two-hundred day simple moving average is $13.03.
SoftBank Company Profile
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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