SoftBank Group ranks 3rd in rising buy predictions among individual investors
According to Minkabu's aggregated retail investor sentiment (latest 48 hours) as of 1:00 p.m. on Monday, SoftBank Group Corp. <9984> ranked third in "rising buy forecasts."
SoftBank Group shares fell sharply on Monday. The stock had dropped around 1,250 yen over two sessions last Wednesday and Thursday, before closing slightly higher on Friday. However, as heavy selling in AI and semiconductor stocks rattled U.S. markets late last week, risk-off panic selling became evident in SoftBank Group shares on Monday. While recent data showed that margin buying balances had been rising again, the sharp near-term decline triggered margin liquidation, accelerating the downturn. Nevertheless, the stock remains highly popular among both institutional and retail investors, and some who had missed previous buying opportunities are reportedly stepping in to buy amid the sell-off.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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