SoftBank’s Telecom Unit Tumbles Below IPO Price in Debut
Ken Miyauchi, president and chief executive officer of SoftBank Corp., strikes the trading bell during the company’s listing ceremony at the Tokyo Stock Exchange (TSE) in Tokyo, Japan. (Photographer: Kiyoshi Ota/Bloomberg)

SoftBank’s Telecom Unit Tumbles Below IPO Price in Debut

(Bloomberg) -- Shares of SoftBank Group Corp.’s domestic telecom business had one of the worst first-day declines ever in Japan after Masayoshi Son raised 2.65 trillion yen ($23.6 billion) in an in...
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