T-Mobile Stock Slides as SoftBank Reportedly Sells Shares at a Discount
From Yahoo Finance: 2025-06-17 09:49:00
SoftBank sold 21.5 million T-Mobile shares, raising $4.8 billion. T-Mobile stock dropped as SoftBank sold shares at a discount. SoftBank held 85.4 million T-Mobile shares as of March 31. The sale price was below T-Mobile’s closing price. SoftBank’s move helps fund investments in artificial intelligence, including a $40 billion investment in OpenAI.
Read more at Yahoo Finance: T-Mobile Stock Slides as SoftBank Reportedly Sells Shares at a Discount