SFTBY opened with a gap down on Dec 16, 2024, experienced volatility 2.80%
Date: Dec 16, 2024 (Monday) open : $31.01 close : $30.00 low : $30.00 high : $32.00 previous close: $30.70
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On Dec 16, 2024 (Monday), SOFTBANK GROUP CORP. (SFTBY) in the telecommunications sector showed bullish momentum of 1.11% w.r.t previous day's close. The stock belongs to the telecom services industry within the telecommunications sector.
The stock opened with a gap down at $30.51, compared to the previous close of $30.70 (a gap down of -0.62%).
The stock hit a high of $31.38 and a low of $30.51, creating a trading range of $0.87. The price movement for the day was 1.74% higher than the opening price.
The stock experienced a substantial drop in trading activity, trading 239,498 shares, which is 44.64% lower than the average of 432,658 shares, like a sharp decrease in volume compared to its usual levels. This decline indicates reduced market participation or a lack of significant news to drive interest.
The stock showed moderate volatility (2.80%) with movement between $30.51 and $31.38.
This fits perfectly with the overall market trend, which is bullish right now.
Disclaimer: This analysis is provided solely for educational purposes and does not include any recommendations. For any financial decisions, it’s advised to consult with your financial advisor.