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BABA Jun 2023 50.000 put

OPR - OPR Delayed price. Currency in USD
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2.31000.0000 (0.00%)
As of 11:16AM EDT. Market open.
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Previous close2.3100
Open2.3100
Bid0.0000
Ask0.0000
Strike50.00
Expiry date2023-06-16
Day's range2.3100 - 2.3100
Contract rangeN/A
Volume10
Open interest501
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  • Reuters

    SoftBank to gain $34 billion from cutting Alibaba stake

    TOKYO (Reuters) -SoftBank Group Corp said on Wednesday it would book a gain of $34.1 billion by cutting its stake in Alibaba Group Holding, as the investment behemoth looks to shore up its cash reserve to weather the market downturn. SoftBank will reduce its stake in Alibaba to 14.6% from 23.7% by settling prepaid forward contracts. Alibaba's U.S.-listed shares were down 1.7% in premarket trade after the announcement.