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SoftBank Shares Plummet Over 10% In Japan Amid Valuation Jitters — Arm Holdings, Samsung, SK Hynix Also Feel The Heat - ARM Holdings (NASDAQ:ARM), Palantir Technologies (NASDAQ:PLTR)
Benzinga·2025-11-05 21:30

Shares of SoftBank Group (OTC:SFTBY) fell by 10% in Japan on Wednesday, reflecting a broader decline in AI-related stocks amid growing valuation concerns.The stock closed down at JPY 22,640 (147.21),wipingoffabout147.21), wiping off about 13 billion from CEO Masayoshi Son’s net worth, according to Forbes’ Real-Time Billionaires List. Samsung, ARM Holdings Join Softbank’s FallSoftBank Group’s decline was part of a larger trend affecting AI-linked companies, with investors expressing apprehension about inflated valuations in the ...