Tencent Music Shares Dip 8% Following a Monstrous $127 Million Quarterly Loss

Tencent Music Entertainment continues to grow, but after receiving bad news yesterday, investors punished the company’s stock. Several days ago, Tencent Music Entertainment (TME) shares reached an all-time high. Investors had pushed the Chinese streaming music giant’s stock to $19.97. Then, Tencent Music published its first earnings report following its IPO.  Currently, the company’s shares […]

The post Tencent Music Shares Dip 8% Following a Monstrous $127 Million Quarterly Loss appeared first on Digital Music News.

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