March 19, 2020 / 6:12 AM / 2 months ago

SoftBank Group shares close down 17% in biggest one-day fall

TOKYO, March 19 (Reuters) - Shares of SoftBank Group Corp closed down 17% on Thursday in their biggest one-day fall, hammered by investor scepticism over the outlook for tech bets, such as office sharing firm WeWork and ridehailer Uber .

As economic gloom grows over a coronavirus outbreak, SoftBank racked up the second biggest fall in the benchmark index, breaking the 3,000-yen level to close at 2,687 yen. (Reporting by Sam Nussey; Editing by Clarence Fernandez)

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