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SoftBank Shares Plunge Amid Rising Credit Risk

Yahoo Finance · ·by G4L

ARM Arm Holdings Plc ADR
$181.49 -2.58%
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  1. 1SoftBank shares fell 10.83% in early trading on Friday.
  2. 2Reports suggest China will not permit SoftBank's $5.4 billion acquisition of ABB's robotics division.
  3. 3The 5-year credit default swap (CDS) spread widened to 466bp, pushing credit risk to a 4-year high.

So what's the key point?

SoftBank shares fell 10.83% in early trading on Friday.

Source Yahoo Finance · View original ↗

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