Tencent Music Stock Price


76 USD at the current exchange rate for EUR/USD. TENCENT MUSIC ENTERTAINMENT GROUP - ADR (NYSE:TME) : Stock quote, stock chart, quotes, analysis, advice, financials and news for share TENCENT MUSIC ENTERTAINMENT GROUP - ADR | Nyse: TME | Nyse. The website involves investors intrested info formation of Tencentmusic ir , tencent music investor relation, Tencent Music Entertainment Group, TME ir. Find the latest Tencent Music Entertainment Gro (TME) stock quote, history, news and other vital information to help you with your stock trading and investing. Use the PitchBook Platform to explore the full profile. Tencent Music Stock Upgraded: What You Need to Know But if the company grows as expected, that could be a fair price to pay -- or even a cheap price. stock market today after raising $1. View Tencent Music Entertainment Group American Depositary Shares Each Representing Two Class A (TME) Stock Price for pre-market, after-hours and regular trading sessions in a minute-by-minute Volume-Weighted Average Price (VWAP) table. The stock is now traded at around $17. The Chinese music streaming company Tencent Music Entertainment Group (NYSE: TME) began trading on the New York Stock Exchange Wednesday. The price to earnings ratio is calculated by taking the latest closing price and dividing it by the most recent earnings per share (EPS) number. 13 million shares, as the stock started the trading session at the value of $13. And last year, for the first time since its listing in 2004, its stock recorded its biggest yearly crash. 22% in the last day ( Thursday, 15th Aug 2019 ) from $13. 765 billion (HK$ 1. The music streaming platform plans to raise between 1. NYSE, TME End of Day and Historical Stock Data [Tencent Music Entertainment Group ADR] The worlds #1 website for end of day & historical stock data. Tencent Music Entertainment Group – ADR (NYSE: TME) stock fell over 5. Stocks rose after the U. 90, which was 25. (TCEHY) goes public on the New York Stock Exchange on Wednesday. 33% year to date as of 08/21/2019. Macquarie analyst Wendy Huang initiated coverage on Tencent Music Entertainment with a rating of outperform and a price target of 19. It peaked at about $61 early this year. mission is to “improve the quality of life through Internet value-added services”. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected. The next, it drops 10%. On average, they anticipate TENCENT HOLDING/ADR's stock price to reach $227. TME, Tencent Music EntGrp ADS - Stock quote performance, technical chart analysis, SmartSelect Ratings, Group Leaders and the latest company headlines Tencent Music EntGrp ADS Stock Quote: TME Stock News, Quotes, Analysis | Investors. Shares of Tencent Music Entertainment were publicly listed in December 2018. Tencent Music has also reportedly paid major labels "steep prices" to control the master licenses in China. DOW JONES, A NEWS CORP COMPANY News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. HK) stock quote, history, news and other vital information to help you with your stock trading and investing. Stocks rose after the U. With Tencent Music’s success in the US stock. China’s largest music-streaming service. 22% in the last day ( Thursday, 15th Aug 2019 ) from $13. What Happened in the Stock Market Today. The Bottom Line on Tencent Music Stock. 53 million shares, Tencent Music Entertainment Group (TME) recorded a trading volume of 4. How Has Tencent Performed In 2017/2018? Tencent stock enjoyed a. Tencent Music Entertainment is aiming to raise at least $2bn in an initial public offering, a smaller amount than anticipated for what had been expected to be the largest US flotation of the year. 's other businesses include WeChat and online games and video. Without a new growth catalyst, there will be downside ahead. Our platform comprises our online music, online karaoke and music-centric live streaming services, supported by our content offerings, technology and data. Global music streaming service Spotify , which listed in New York in April, is now trading below its IPO price, giving it a market value of about $23. Quick summary: 30 day high of the TME stock price was $16. Founded in 1998, Tencent’s. Dec 12, 2018 · Cussion Kar Shun Pang, CEO of Tencent Music Entertainment with the company's leadership team rings a ceremonial bell to celebrate company's IPO on the floor of the New York Stock Exchange in New. " Last year, it was rumored that Tencent tried buying Spotify. 10 earnings per share (EPS) for the current quarter, Zacks reports. Use the PitchBook Platform to explore the full profile. Tencent Music Entertainment Group (TME - Free Report) was a big mover last session, as the company saw its shares rise more than 5% on the day. Tencent Music Entertainment Group (NYSE: TME) stock experienced a change of 2. View the latest TME stock quote and chart on MSN Money. It's providing services for hundreds of millions of people via its flagship products like QQ and WeChat. Wednesday, April 24. The stock closed the last trade at $15. Tencent is the current majority shareholder in TME, and today (July 8) told its shareholders that the music company would now float on a "a recognized stock exchange in the United States through a registered public offering". View daily, weekly or monthly format back to when Tencent Music Entertainment Gro stock was issued. Tencent Music's IPO price will give it a market value of $21. That suggests that Spotify has had a weak debut on Wall Street, though the Journal notes that this may prove positive for Tencent Music. stock news by MarketWatch. DOW JONES, A NEWS CORP COMPANY News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. 3% on Wednesday. A few hours later, after close of trading Thursday, HSBC, a second underwriter of Tencent Music, announced that it, too, is initiating coverage of Tencent Music stock, also with a buy rating — and that finally did spark a rally in the shares. The music streaming company is aiming for a valuation between. Mar 5, 2019 1:45 PM EST. A little while back I switched my entire Roth IRA (<$20,000) into one stock. Tencent Music Entertainment (TME) is the largest online music entertainment platform in China, operating the top four music mobile apps in terms of mobile MAUs. Tencent Music Could Still Be Music to the Bulls' Ears It's okay to take some profits on TME but don't be surprised if the stock makes additional gains. Find the latest Tencent Music Entertainment Gro (TME) stock quote, history, news and other vital information to help you with your stock trading and investing. With having a -0. The company traded as low as $14. 07:42 PM ET. (Facebook and Twitter are banned in China and Google chose to withdraw due to censorship restrictions). American Depositary Shares, Each Representing Two Class A Ordinary Shares stock quote and TME charts. Find real-time TME - Tencent Music Entertainment Group stock quotes, company profile, news and forecasts from CNN Business. To help you get a sense of the short to long-term trend of Tencent Music Entertainment, there is a stock chart which you can easily adjust to the time frame of your choosing -- anywhere from three months to 10 years. Here's what you need to know about the markets before you start your business day. stock market today after raising $1. The IPO comes as trade-related tensions between the U. What happened: Tencent Music is reportedly planning to submit its IPO application today, seeking to raise up to $1. ADR stock price. Start a 14-day free trial to Morningstar Premium to unlock our take on TME. Tencent Music said Tuesday it raised $1. 0850, suggesting that the stock has a possible upside of 15. 1 billion after pricing its shares at $13 apiece. Their average twelve-month price target is $16. 01 on the. Dec 12, 2018 · Cussion Kar Shun Pang, CEO of Tencent Music Entertainment with the company's leadership team rings a ceremonial bell to celebrate company's IPO on the floor of the New York Stock Exchange in New. Tencent Music Entertainment Group reaching a high of 13. Tencent Music Entertainment Group climbed in its U. The stock of The Williams Companies, Inc. Tencent Music Entertainment Group is set to raise $1. 0850 in the next year. Tencent Music Entertainment continues to trade above its IPO price since going public at $13 in mid-December. With Tencent Music’s success in the US stock. A LAWYER, a computer scientist, and China’s third-richest person are poised to create one of the year’s biggest hits in the music industry. com Tencent Music Entertainment Group (TME - Free Report) was a big mover last session, as the company saw its shares rise more than 5% on the day. 90, which was 25. (PINC), a truly generic name for a pretty interesting company. 74 and low was $13. That’s up from $11. Founded in 1998, Tencent's. With Tencent Music’s success in the US stock. A few updates and thoughts to share with you on this fine May Friday, starting with a more detailed look a the new healthcare-related stock that I added to my portfolio a little while ago and haven’t discussed much yet. 97, in the end touching the price of $13. View Tencent Music Entertainment Group American Depositary Shares Each Representing Two Class A (TME) Stock Price for pre-market, after-hours and regular trading sessions in a minute-by-minute Volume-Weighted Average Price (VWAP) table. The company sees price sensitivity in the middle of the range based on. 33% year to date as of 08/21/2019. View the real-time TME price chart on Robinhood and decide if you want to buy or sell commission-free. TCEHY is an American Depositary Receipt (ADR). Tencent , the multi-billion dollar company behind WeChat, think social media meets messaging application, launched “Tencent Music” back in 2016, and the company’s apps, including QQ Music, Kugou, and Kuwo, represent over 800 million active users and 120 million paying subscribers. View daily, weekly or monthly format back to when Tencent Music Entertainment Gro stock was issued. Get breaking news and analysis on Tencent Music Entertainment Group (TME) stock, price quote and chart, trading and investing tools. American Depositary Shares, Each Representing Two Class A Ordinary Shares stock quote and TME charts. stock exchange. 4% year-to-date and it currently has a market capitalization of $234. Its ceiling since has been $15. The Company's platform comprises online music, online karaoke and music-centric live streaming services, supported by content offerings, technology and data. Just weeks after Tencent Music's belated IPO on the New York Stock Exchange, JPMorgan has given a strong endorsement to the Chinese Music streamer, moving it from hold to buy with a $16. The Tencent (TCEHY +1. The Company's main platform. Baillie Gifford & Co initiated holding in Tencent Music Entertainment Group. The IPO price valued the company at $21. The fund owned 47,824 shares of the company’s stock after acquiring an additional 46,814 shares during the quarter. Tencent Music Entertainment is aiming to raise at least $2bn in an initial public offering, a smaller amount than anticipated for what had been expected to be the largest US flotation of the year. 1 day 2 days 5 days 10 days ---------- 1 month 2 months 3 months 6 months YTD 1 year 2 years 3 years 4 years 5 years 1 decade All Data Basic Chart Advanced Chart. Tencent Music, also the wing of gaming giant Tencent Holdings Ltd, priced its American Depositary Receipts(ADRs) at $13 per share. ADR Stock - TCEHY news, historical stock charts, analyst ratings, financials, and today’s Tencent Holdings Ltd. Tencent Music started at outperform with $18 stock price target at Oppenheimer MarketWatch. Tencent Music Entertainment Group engages in the provision of online music entertainment services. 3 billion, according to data provider Dealogic. 96, approximately 5,253,021 shares were traded during trading. Founded in 1998, Tencent's. ADR Stock - TCEHY news, historical stock charts, analyst ratings, financials, and today's Tencent Holdings Ltd. Tencent Music Stock. Chinese tech titan Tencent raised more than a billion dollars in an IPO for its music streaming platform. Chinese internet giant Tencent has announced plans to spin off its online music business and float the unit in the U. What Happened in the Stock Market Today. Find the latest quarterly and yearly earnings forecasts for Tencent Music Entertainment Group (TME) at NASDAQ. Tencent Music Entertainment (TME) is the largest online music entertainment platform in China, operating the top four music mobile apps in terms of mobile MAUs. 96, approximately 5,253,021 shares were traded during trading. SPOTIFY: Stock Quote Volume Open Day's Low Day's High 52 Wk Low 52 Wk High Bid Ask EPS PE Ratio Shares Market Cap Dividend Ex-Div Date Yield 1 day 5 days 10 days 1 month 3 months 6 months 1 year. Stocks rose after the U. Why Tencent Music Stock Popped 10% • Turns out, JPMorgan wasn't the only analyst upgrading yesterday. Tencent Music Entertainment Group market value as of August 13, 2019 is $23. 0850, suggesting that the stock has a possible upside of 15. The value of a company is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. It peaked at about $61 early this year. 3 (Xinhua) -- Tencent Music Entertainment, a leading online music platform in China, filed for an initial public offering (IPO) of up to 1. TENCENT MUSIC ENTERTAINMENT GROUP - ADR (NYSE:TME) : Stock quote, stock chart, quotes, analysis, advice, financials and news for share TENCENT MUSIC ENTERTAINMENT GROUP - ADR | Nyse: TME | Nyse. 2 billion at a valuation of between $22 and 25 billion. (TCEHY) goes public on the New York Stock Exchange on Wednesday. The apps, books, movies, music, TV shows, and art are inspiring our some of the most creative people in business this month Tencent. 00 and set a “buy” rating on the stock in a research note on Tuesday, August 13th. At the risk of sounding like a broken record (no pun intended), ongoing volatility in the stock market continues to act like a lead blanket over the IPO market. The Company's main platform. Find the latest Tencent Music Entertainment Gro (TME) stock quote, history, news and other vital information to help you with your stock trading and investing. View detailed financial information, real-time news, videos, quotes and analysis on Tencent Music Entertainment Group (NYSE:TME). After pricing at the bottom of its range last night, Tencent Music Entertainment (NYSE: TME) is indicated to open above the IPO price. 4% year-to-date and it currently has a market capitalization of $234. DOW JONES, A NEWS CORP COMPANY News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. Revenue is primarily from mobile video game microtransactions, and warning signs are emerging. Investors may be wanting to view Street analyst ratings on the stock. The next, it drops 10%. Major services include communication and social networking (Weixin/WeChat and QQ), online PC and mobile games, content (news, videos, music, comics, and literature), utilities (email, app store, mobile security. 1 billion in an initial public offering, the biggest by a Chinese company since Alibaba. How Has Tencent Stock Performed? What Is Tencent Stock History? As the five-year stock chart shows, until this year TCEHY had been on a clear uptrend as the proliferation of smartphones in society tremendously boosted the company's growth. Stock analysis for Tencent Holdings Ltd (TCEHY:OTC US) including stock price, stock chart, company news, key statistics, fundamentals and company profile. New York-listed Tencent Music Entertainment (TME) share prices have dropped following the Monday release of the company’s unaudited second-quarter …. Tencent Music Stock. Tencent investors and observers might do well to recognize the one immutable law of digital music: High content costs create an inherent risk that should always be figured into the stock price. The shares were priced at $13, that's on the low end of the estimate. PK) said it plans to list its online music business in the U. 2 months 3 months 6 months 9 months 1 year 2 years 5 years 10 years Max. Tencent Music Entertainment (TME) is the largest online music entertainment platform in China, operating the top four music mobile apps in terms of mobile MAUs. Tencent Music's shares are set to begin trading on Wednesday on the New York Stock Exchange. BEIJING (dpa-AFX) - Chinese tech giant Tencent Holdings Ltd (TCEHY. Initial Public Offering(IPO) after evaluating its shares at the bottom of marketed-range. Its biggest cost driver is cost of revenues, a variable expense. View today's stock price, news and analysis for Tencent Music Entertainment Group ADR (TME). Technical chart claims that Tencent Music Entertainment Group (TME) would settle between $16. Tencent was among the companies at an internet conference in Wuzhen, China, in December. Find the latest and upcoming Tencent Music Entertainment Group earnings report (Aug 12, 2019) as well as the EPS Forecast and TME analyst price target consensus for Tencent Music Entertainment Group. Tencent Holdings Limited TCEHY Stock Message Board: Not really. Now the Chinese conglomerate will bring its Tencent Music Entertainment division to domestic shores, as spotted by. -listed debuts in recent years. The listing put the firm's value at more than $21 billion. Mar 5, 2019 1:45 PM EST. IPO at Bottom of Range. The company, trading under the ticker symbol. Tencent announced a brief outline. View TME stock price today, real time quote with excellent interactive chart, get the latest alerts for Tencent Music Entertainment Group American Depositary Shares each representing two Class A, with indicator levels, dividend and earnings details. Tencent Music Entertainment Group ADR stocks price quote with latest real-time prices, charts, financials, latest news, technical analysis and opinions. New Purchase: Tencent Music Entertainment Group. Though, the stock market is currently booming thanks to a truce in the U. 53 million shares, Tencent Music Entertainment Group (TME) recorded a trading volume of 6. 24% in final minutes of Monday’s trading session. Real time Tencent Music Entertainment Group (TME) stock price quote, stock graph, news & analysis. Tencent Music has also reportedly paid major labels "steep prices" to control the master licenses in China. Stock quote for Tencent Music Entertainment Group American Depositary Shares, each representing two Class A Ordinary Shares Common Stock (TME) with real-time last sale and extended hours stock prices, company news, charts, and research at Nasdaq. 68% Rally In This Year — But Still Has Room To Grow 22. Price Based on Earnings Tencent Music Entertainment Group is overvalued based on earnings compared to the US Entertainment industry average. Meanwhile, JD. Each share represents one underlying Hong Kong-listed share. Tencent Holdings Ltd. Tencent Music shares rise after stock market debut Tencent's IPO of its music business failed to raise as much money as the internet giant had hoped. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected. On its first day of trading, SPOT stock opened at $165. Tencent Music started at outperform with $18 stock price target at Oppenheimer. 53 million shares, Tencent Music Entertainment Group (TME) recorded a trading volume of 4. 75 by scoring 3. it tells investors how fast a company is growing. 9%) spin-off priced a blockbuster. Tencent have revealed their plans to put their music service Tencent Music Entertainment (TME) on the US stock exchange. (TCEHY) goes public on the New York Stock Exchange on Wednesday. Short Volume is a data set that can be used to understand investor sentiment. Tencent Music Entertainm share price and TME stock charts. The price has been going up and down for this period, and there has been a -1. 8% from the stock's current price. investors have recently agreed to buy private stock in Tencent Music from earlier shareholders at a valuation between $28 billion and $30 billion, according to four people familiar with the matter. Wednesday, April 24. Tencent Music shares fall after earnings, executive shift MarketWatch. Company Profile. View daily, weekly or monthly formats back to when Tencent Music Entertainment Gro stock was issued. Find real-time TME - Tencent Music Entertainment Group stock quotes, company profile, news and forecasts from CNN Business. 21% of shares outstanding that are currently legally short sold. ADR stock price. 26% from a day low at $13. Tencent Music shares fall after earnings, executive shift MarketWatch. Since October 2008, he has led the research and development of Tencent's social networking platform and value-added services. 9%) spin-off priced a blockbuster. Chinese internet giant Tencent Holdings is planning to spin off its online music entertainment business and list its shares in the US through a public offering, the company said in a filing to the Hong Kong stock exchange Sunday. Change the date range, see whether others are buying or selling, read news, get earnings results, and compare TENCENT MUSIC against related stocks people have also bought like TCEHY, BILI, IQ, and NIO. The company, trading under the ticker symbol. Mar 5, 2019 1:45 PM EST. Tencent Music Entertainment Group is an online music entertainment platform in China. It’s been a stormy season for tech stocks, but there are fresh signs Tencent Music Entertainment is riding it out. Tencent Music's shares are set to begin trading on Wednesday on the New York Stock Exchange. Real-time trade and investing ideas on Tencent Holdings Limited TENCENT from the largest community of traders and investors. Tencent Music Entertainment Group (TME - Free Report) was a big mover last session, as the company saw its shares rise more than 5% on the day. 1 billion initial public offering on Monday, potentially setting up one of the year's biggest IPOs. Shares of TenCent have soared by 3,100% since then, despite a recent downturn. Tencent Music Entertainment Grp. The Tencent (TCEHY +1. Facebook's Libra Is a License to Print Money The Wall Street Journal Interactive Edition. Tencent Music Entertainment Group ADR stocks price quote with latest real-time prices, charts, financials, latest news, technical analysis and opinions. Brokerages expect that Tencent Music Entertainment Group – (NYSE:TME) will announce $0. Find the latest Tencent Music Entertainment Gro (TME) stock quote, history, news and other vital information to help you with your stock trading and investing. and China escalate. Its platform comprises of online music, online karaoke and music-centric live streaming services, supported by content offerings, technology and data. (PINC), a truly generic name for a pretty interesting company. China’s media giant are looking over the water for a public offering of their music company Tencent Music Entertainment in the US. 73 and has now fallen 3 days in a row. 76 per share. The stock is now traded at around $17. The alliance could provide a jolt to growth prospects for the Switch. Tencent Music's IPO price will give it a. Foundation. 01 on the. Tencent Music has priced its shares at the bottom end of the expected $13-$15 price range as the music division of Chinese web giant Tencent arrives on the New York Stock Exchange today. Facebook’s Libra Is a License to Print Money The Wall Street Journal Interactive Edition. Growth: Growth measures the growth of both a company's revenue and net income. 2 billion US initial public offering around the midpoint of a marketed range. 06-11 zacks. Meanwhile, JD. 3% after hours following Q2 earnings where it topped profit expectations after growing paying music subscribers to a record. This morning, Tencent Music's (TME) 82. View live TENCENT MUSIC ENTERTAINMENT GROUP SPON ADS EACH REPR 2 ORD SHS CL A chart to track its stock's price action. Initial Public Offering(IPO) after evaluating its shares at the bottom of marketed-range. Analysts have a 12-month median target price of $17. The apps, books, movies, music, TV shows, and art are inspiring our some of the most creative people in business this month Tencent. If you want to invest in WeChat, the only way you can do that is by buying Tencent stock. Investors may be wanting to view Street analyst ratings on the stock. A few hours later, after close of trading Thursday, HSBC, a second underwriter of Tencent Music, announced that it, too, is initiating coverage of Tencent Music stock, also with a buy rating — and that finally did spark a rally in the shares. Sunday, June 23, 2019. 72% loss for the last 2. Trading Stock Markets means that you are trying to beat automated software solution and professionals who are involved with the biggest companies on a global scale. 9%) spin-off priced a blockbuster. According to 17 stock analysts, Tencent Music Entertainment Group, is being kept at an average Outperform, rating, with at least 28. Tencent Music Stock. 1 billion dollars with their initial offer. Tencent Music IPO: Tencent Music said in a regulatory filing that it's seeking as much as $1. TCEHY is an American Depositary Receipt (ADR). Its platform comprises of online music, online karaoke and music-centric live streaming services, supported by. Seeking Alpha - Jason Aycock. At the risk of sounding like a broken record (no pun intended), ongoing volatility in the stock market continues to act like a lead blanket over the IPO market. Discover historical prices for TME stock on Yahoo Finance. Music streaming company Spotify and the music arm of China's Tencent Holdings Ltd will buy minority stakes in each other ahead of the Swedish firm's expected stock market listing next year, the. 21% of shares outstanding that are currently legally short sold. The IPO comes as trade-related tensions between the U. A few hours later, after close of trading Thursday, HSBC, a second underwriter of Tencent Music, announced that it, too, is initiating coverage of Tencent Music stock, also with a buy rating — and that finally did spark a rally in the shares. stock news by MarketWatch. 00 and the low price target for TME is $12. 76 and a low of 13. 55 at last check. View real-time stock prices and stock quotes for a full financial overview. Spotify's stock got. China’s media giant are looking over the water for a public offering of their music company Tencent Music Entertainment in the US. Learn about TME with our data and independent analysis including price, star rating, valuation, dividends, and financials. Tencent has become the largest online music entertainment. Tencent Music's platform comprises. Tencent Music Entertainment (NYSE: TME ) has slid 7. And last year, for the first time since its listing in 2004, its stock recorded its biggest yearly crash. (TCEHY) goes public on the New York Stock Exchange on Wednesday. Here's what analysts surveyed by Bloomberg are. 74 and low was $13. 7% on March 20 th, 2019 (as of 9:56 am GMT-4; Source: Google finance) after the company reported a net loss of 876 million. Tencent Music Entertainment Group - (NYSE:TME) shares were down 6. The stock that has been a broken IPO since its third day of trading -- falling below last month's initial $13 price tag-- roared back with its biggest daily gain on Friday. With Tencent Music’s success in the US stock. 11, which is 32. The Bottom Line on Tencent Music Stock. Variety - Rebecca Davis. The Chinese music streaming company Tencent Music Entertainment Group (NYSE: TME) began trading on the New York Stock Exchange Wednesday. Dive deeper with interactive charts and top stories of TENCENT MUSIC ENTERTAINMENT GROUP. Its ceiling since has been $15. It's China's leading tech company. View recent trades and share price information for Tencent Music Entertainment ADS EACH REPR 2 A ORD SHS. The price has been going up and down for this period, and there has been a -1. The firm set an "outperform. 1 billion in an initial public offering, the biggest by a Chinese company since Alibaba. 21% of shares outstanding that are currently legally short sold. The stock price increase accelerated in 2017. The Tencent (TCEHY +1. Real time Tencent Music Entertainment Group (TME) stock price quote, stock graph, news & analysis. Monday, May 13, 2019. If that happens, the stock price might even plunge as low as $15. Tencent Music (TME) Jumps: Stock Rises 5. Shares of TenCent have soared by 3,100% since then, despite a recent downturn. 7% on March 20 th, 2019 (as of 9:56 am GMT-4; Source: Google finance) after the company reported a net loss of 876 million. 05, reaching $14. Our platform comprises our online music, online karaoke and music-centric live streaming services, supported by our content offerings, technology and data. 18/share level. Tencent Music Entertainment Group (NYSE: TME) stock experienced a change of 2. 3 billion, however, the IPO raised 1. Dec 03, 2017 · Why Spotify And Tencent Music May Swap Stock. Things usually get worse before they can have a shot at getting better. Here's what analysts surveyed by Bloomberg are. Without a new growth catalyst, there will be downside ahead. A few updates and thoughts to share with you on this fine May Friday, starting with a more detailed look a the new healthcare-related stock that I added to my portfolio a little while ago and haven’t discussed much yet.