TradingKey – OpenAI’s IPO delay and ongoing financial losses continue to weigh on SoftBank’s share price, which tumbled today to break below 6,000 yen and could test the 4,800-5,000 yen range.

During Asian trading hours on June 29, shares of Japanese multinational technology and telecommunications conglomerate SoftBank Group Corp. (9984) continued their decline, breaking below the key 6,000 yen level. As of press time, SoftBank’s stock was down over 300 yen, or 6.07% intraday, trading at 5,848 yen.

SoftBank stock chart. Source: TradingView

Last Friday (June 26, 2026), SoftBank shares took a heavy beating, plunging more than 14% intraday before closing down 12.53%, wiping out nearly 5.6 trillion yen in market value in a single day….