SoftBank Group

SoftBank Group

SoftBank Group Corp shares skyrocketed over 17 percent on Thursday, adding $14 billion to the Japanese tech investment firm’s market value, after it announced a record share buyback and a strong quarterly earnings, Reuters reported. SoftBank’s CEO Masayoshi Son has frequently complained about the company’s lingering conglomerate discount and is using part of the windfall from its domestic teleco’s blockbuster IPO to make efforts and lower the valuation gap. According