SoftBank Corp. (OTCMKTS:SFBQF – Get Free Report) shares shot up 2.2% during mid-day trading on Wednesday . The stock traded as high as $12.90 and last traded at $12.62. 1,668 shares traded hands during trading, a decline of 6% from the average session volume of 1,778 shares. The stock had previously closed at $12.35.
SoftBank Stock Performance
The company’s 50 day simple moving average is $12.42 and its 200-day simple moving average is $12.68.
Shares of SoftBank are scheduled to split on the morning of Monday, September 30th. The 10-1 split was announced on Monday, September 30th. The newly minted shares will be payable to shareholders after the market closes on Monday, September 30th.
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.
See Also
- Five stocks we like better than SoftBank
- 3 Monster Growth Stocks to Buy Now
- Top 3 Beverage Stocks: Summer Earnings Reveal Key Trends
- REIT Stocks – Best REIT Stocks to Add to Your Portfolio Today
- This Financial Stock’s Earnings Signal a Buying Opportunity
- How to Capture the Benefits of Dividend Increases
- Social Platform Stock Hits New Highs: Is More Growth Ahead?
Receive News & Ratings for SoftBank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SoftBank and related companies with MarketBeat.com's FREE daily email newsletter.