Why Tencent Music Stock Was Tumbling Today
Shares of Tencent Music Entertainment Group(NYSE: TME) were taking a dive today after China's leading music streaming platform reported solid growth in its fourth-quarter earnings report, but that was overshadowed by a decline in its user base.
As of 11:21 a.m. ET, the stock was down 20.8% on the news.
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Source Fool.com
Tencent Holdings Ltd. Stock
€58.35
-4.590%
With 2 Buy predictions and 2 Sell predictions the community is currently undecided on Tencent Holdings Ltd..
This results in a negative potential of -22.88% based on a current price of 58.35 € and a target price of 45 € for the stock.
