Why Tencent Music Stock Rose 38% in January
Tencent Music (NYSE: TME) shareholders outperformed the market by a wide margin last month. Shares soared 38% in January compared to a 1% downtick in the S&P 500, according to data provided by S&P Global Market Intelligence.
The rally added to significant short-term gains for the Chinese music streamer, which rose over 60% in 2020.
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Source Fool.com
