Softbank's blockbuster IPO has flopped in its market debut.
Shares in the Japanese company's mobile telecommunications unit plunged 15% in Tokyo on Wednesday, their first day of trading.
The business is one of Japan's biggest wireless carriers and has provided the foundation for SoftBank CEO Masa Son's vast tech empire. By listing a big chunk of it, SoftBank Group (SFTBY) has raised about $23.5 billion.
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