Down 50.6% from June peak, SoftBank Group closes at ¥4,481
Original headline6월 고점서 50.6% 하락, 소프트뱅크그룹 4481엔 마감
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SoftBank Group (9984) closed at ¥4,481 on the Tokyo Stock Exchange on October 30, down 5.96% (¥284) from the prior session's ¥4,765 close, with intraday trading between ¥4,408 and ¥4,597. The close marks a 50.6% decline from the June 2 intraday high of ¥9,074 (Yahoo Finance data; Invezz cited the June peak as ¥9,048). The drop came as The Wall Street Journal reported that OpenAI secured roughly $11 billion (about 14.69 trillion won) in investment commitments in a new funding round. The stock's steep slide from its June peak underscores mounting pressure on AI-linked holdings, with SoftBank's valuation closely tied to its OpenAI exposure. Investors will watch whether the OpenAI funding round closes as reported and how SoftBank's AI-related holdings are valued in upcoming earnings disclosures.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
SoftBank Group, OpenAI, Tokyo Stock Exchange