SoftBank books $1.3 billion loss from tech stock speculation - Reuters UK

11:09pm PST - November 8th, 2020    facebook stock - Reuters

Japan's SoftBank Group Corp <9984.T> on Monday reported a 131.7 billion yen ($1.27 billion) (963.1 million pounds) loss from speculation on technology stocks after an attempt to diversify using its massive cash pile backfired.