SoftBank Dives Into Tech Stocks

Video Credit: Wochit News
Published on September 4, 2020 - Duration: 00:27s

SoftBank Dives Into Tech Stocks

Japan's SoftBank Group Corp.

Bought $4 billion of shares in tech companies and another $4 billion of call options.

Business Insider says the purchase is tied to roughly $50 billion in tech stocks, Regulatory filings showed Softbank's tech-stock buying activity.

The filings did not show the options purchase.

According to the Wall Street Journal Softbank sold the call options at a higher price.


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