A version of this story first appeared in CNN Business' Before the Bell newsletter. SoftBank SFTBF Uber UBER The same has happened for Japan's, but for different reasons. Not so long ago, it looked like the conglomerate was in pretty rough shape. Shares in SoftBank have been boosted in recent months by founder and CEO Masayoshi Son's plan to sell $41 billion worth of assets to buy back stock and slash debt. Reducing stakes in Chinese e-commerce giant Alibaba and US telecom operator T-Mobile has helped push SoftBank stock up by nearly a third this year, and nearly 140% from recent lows reached in March.

Source: CNN August 11, 2020 11:48 UTC