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
€50.40
-3.910%
Currently there is a rather positive sentiment for Tencent Holdings Ltd. with 3 Buy predictions and 1 Sell predictions.
As a result the target price of 54 € shows a slightly positive potential of 7.14% compared to the current price of 50.4 € for Tencent Holdings Ltd..
