Wednesday, February 6, 2019

SoftBank Dumps Entire $3.6B Stake In NVIDIA

Didn't SoftBank buy in when NVIDIA stock was at $250 per share?

In its third-quarter earnings release on Wednesday, SoftBank said its fund, which invests in technology ventures, had "disposed its entire holding of Nvidia shares." The position was valued at $3.63 billion as of December 31.