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FILE PHOTO: Japan’s SoftBank Group Corp Chief Executive Masayoshi Son attends a news conference in Tokyo, Japan, November 5, 2018. REUTERS/Kim Kyung-Hoon
TOKYO (Reuters) – Shares of SoftBank Group (9984.T) fell more than 4% in early trade on Thursday after the Japanese conglomerate reported a $6.5 billion (£5.06 billion) quarterly loss, its first such loss in 14 years, dragged down by a massive hit at its giant Vision Fund.
The stock was down 3.4% as of 0022 GMT after shedding as much as 4.2%.
Reporting by Chris Gallagher; Editing by Muralikumar Anantharaman
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