SoftBank Corp. (OTCMKTS:SFBQF – Get Free Report) shares shot up 5.1% on Wednesday. The company traded as high as $1.55 and last traded at $1.55. 384,086 shares traded hands during trading, an increase of 287% from the average daily volume of 99,239 shares. The stock had previously closed at $1.4750.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group raised shares of SoftBank to a “buy” rating in a research report on Wednesday, August 12th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, SoftBank presently has a consensus rating of “Buy”.
Check Out Our Latest Report on SFBQF
SoftBank Price Performance
SoftBank Company Profile
SoftBank Corp. is a Japan-based telecommunications and technology company that provides mobile communications, broadband internet, and fixed-line services to consumers and businesses. Its offerings include mobile voice and data plans, wireless networks, internet connectivity, and enterprise communications solutions.
The company also provides information and communications technology services, including cloud computing, cybersecurity, digital transformation support, and the distribution of technology products.
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