SoftBank Group is trading at the latest supplied close of $14.66; concerns over higher borrowing costs and the sustainability of its large AI investments weighed on its Tokyo-listed shares.
- Tokyo-listed shares fell 6.9% on October 22. No October 22 ADR quote was provided, so the supplied price context does not establish the ADR’s live move.
- Bloomberg reported the shares were about 50% below their June 2 peak.