SoftBank's $1B Block Sale Is Causing Coupang's Meltdown
SoftBank Group Corp (OTC:SFTBY) (OTC:SFTBF) Vision Fund's block trade sale worth $1 billion on March 9 triggered Coupang Inc (NYSE:CPNG) share's recent meltdown. SVF Investments (UK) Ltd sold 50 million Coupang shares for $20.87 per share. Coupang's shares closed at $22.70 on March 9 and $18.94 on March 10. Also Read: South Korean E-Commerce Company Coupang…
Benzinga ·
Benzinga
