Founder Masayoshi Son is fighting to reassure investors about the stability of his empire amid the coronavirus pandemic.
SHARES of SoftBank Group Corp. plunged as much as 18% Thursday, adding to steep declines this month as investors grow concerned about the heavily indebted Japanese conglomerate with markets in tumult.
Shares dropped the most on an intraday basis since March 2000, in the midst of the dot-com meltdown. They have tumbled about 50% in just the past month.
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