SoftBank stock plunges 6%: what happened?

Core Viewpoint - SoftBank Group's shares on the Tokyo Stock Exchange experienced a significant decline, marking a continuation of a three-day losing streak as investors reacted to the company's announcement of selling its entire stake in a US company [1] Group 1: Company Performance - The decline in SoftBank Group's shares indicates investor concern regarding the company's recent strategic decisions [1] - The sale of the entire stake in the US company reflects a shift in SoftBank's investment strategy, which may impact its future growth prospects [1] Group 2: Market Reaction - Investors are digesting the implications of SoftBank's stake sale, leading to increased selling pressure on its shares [1] - The market's reaction suggests a lack of confidence in SoftBank's current investment direction and overall financial health [1]