Tiger Global takes $1 billion stake in SoftBank, calling it undervalued: source

U.S. hedge fund Tiger Global has built a stake worth over $1 billion in SoftBank Group Corp as it considers the Japanese firm to be undervalued, a source with direct knowledge of the matter said, driving SoftBank shares up as much as 6.8 percent.

from Reuters: Technology News https://ift.tt/2zytEaM