SoftBank's Slide Leaves It Worth Less Than Stake in Alibaba

Updated on
  • SoftBank declines for fourth straight day on Sprint tumble
  • Sprint at a two-year low amid doubts it can pay down debt

SoftBank Group Corp. tumbled below the value of its stake in Alibaba Group Holding Ltd. amid growing concerns about the Japanese company’s other assets, including struggling U.S. wireless carrier Sprint Corp.

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