SoftBank to sell at least $7.9 billion worth of Alibaba stock By: MarketWatch June 01, 2016 at 07:50 AM EDT Japan’s SoftBank said it would sell at least $7.9 billion worth of Alibaba shares it owns in an effort to reduce debt. Read More >> Related Stocks: Alibaba Group Holding Ltd Macy's Sentinelone Inc Cl A Softbank Corp ADR