SoftBank Exec Scoffs at Reports the Company Is a ‘Whale’
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SoftBank Group Corp.’s Rajeev Misra disputed reports the Japanese company had pumped up tech stocks through its options trading, saying no single investor has that kind of influence on the markets.
SoftBank has been more actively putting money into public securities after selling off tens of billions in assets over the past six months, he said. But he scoffed at reports the company was a “whale” stirring froth in global markets.