SoftBank telco suffers rare Japan slump on debut after record IPO

SoftBank Corp shares tumbled more than 14 percent on debut, as investor appetite for Japan's biggest ever IPO was hurt by a recent service outage at the telecoms operator and worries over its exposure to Chinese telecoms gear maker Huawei.

from Reuters: Top News https://ift.tt/2CmKNUb SoftBank Corp shares tumbled more than 14 percent on debut, as investor appetite for Japan's biggest ever IPO was hurt by a recent service outage at the telecoms operator and worries over its exposure to Chinese telecoms gear maker Huawei.