SoftBank Slides to 10-Month Low Following Unveiling WeWork Bailout

SoftBank Slides to 10-Month Low After Unveiling WeWork Bailout 3(Bloomberg) — SoftBank Group Corp. slipped into the lowest since January after unveiling a $9.5 billion bailout for WeWork, as investors pondered the upshot of obtaining 80 percent of their debt-riddled American shared-office startup. The stock slipped as much as 3.2percent to 4,057 yen in Thursday morning commerce, extending a 2.5% decrease during the previous semester.
News story published on 2019-10-24T02:24:00.0000000Z