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
€53.80
1.500%
Our community is currently high on Tencent Holdings Ltd. with 4 Buy predictions and 1 Sell predictions.
With a target price of 55 € there is a slightly positive potential of 2.23% for Tencent Holdings Ltd. compared to the current price of 53.8 €.
