Media stories about SoftBank Group (OTCMKTS:SFTBF) have trended positive this week, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. SoftBank Group earned a media sentiment score of 2.43 on their scale. InfoTrie also gave news coverage about the company an news buzz score of 4 out of 10, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the news headlines that may have impacted SoftBank Group’s ranking:
- SoftBank Joins Record Indonesia-Focused Growth Venture Fund (finance.yahoo.com)
- Huawei loses key 5G contract in Japan to Nokia and Ericsson (latimes.com)
- OYO: Can the Airbnb of India Continue to Disrupt the Travel Industry? (finance.yahoo.com)
- Somewhat Critical News Coverage Extremely Likely to Impact SoftBank Group (SFTBF) Stock Price (americanbankingnews.com)
Shares of OTCMKTS SFTBF traded down $0.59 during mid-day trading on Wednesday, reaching $94.81. The company had a trading volume of 1,913 shares, compared to its average volume of 9,601. SoftBank Group has a 1-year low of $62.59 and a 1-year high of $112.50.
SoftBank Group Corp., together with its subsidiaries, operates in the information industry in Japan and internationally. The company operates through six segments: Domestic Telecommunications, Sprint, Yahoo Japan, Distribution, ARM, and SoftBank Vision Fund and Delta Fund. The Domestic Telecommunications segment provides mobile communications and broadband services; and telecom services, such as data communications and fixed-line telephone services to corporate customers, as well as sells mobile devices.
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