TOKYO -- Shares in SoftBank Group fell sharply on Monday after a sell-off in U.S. technology stocks on Friday, highlighting concerns about the company's exposure to the sector.
SoftBank's stock price opened 2.6% lower in Tokyo trading and extended its decline, ending the day down 7.15% -- its worst one-day performance since March. The tumble came after the Nasdaq Composite index, a gauge of U.S. tech stocks, fell 5% on Thursday and another 1.3% on Friday.
