Why Tencent Music Stock Was Tumbling Today [Yahoo! Finance]
Tencent Music Entertainment Group American Depositary Shares, each representing two Class A Ordinary Shares (TME)
Last tencent music entertainment group american depositary shares, each representing two class a ordinary shares earnings: 3/16 04:15 pm
Check Earnings Report
Company Research
Source: Yahoo! Finance
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. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Image source: Getty Images. What happened with Tencent Music Revenue in the quarter rose 15.9% to $1.24 billion, and adjusted earnings per share improved from $0.21 to $0.23, which matched estimates. Revenue from music subscriptions was up 13% to $653 million, while sales from music services other than music subscriptions rose 41% to $363 million. However, one red flag stood out in its earnings report, which was that monthly active users were down 5% to 5
Show less
Read more
Impact Snapshot
Event Time:
TME
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TME alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TME alerts
High impacting Tencent Music Entertainment Group American Depositary Shares, each representing two Class A Ordinary Shares news events
Weekly update
A roundup of the hottest topics
TME
News
- Is Tencent Music (TME) Offering Value After Recent Share Price Slump? [Yahoo! Finance]Yahoo! Finance
- Tencent Music Entertainment Group (TME) had its "equal weight" rating reaffirmed by Morgan Stanley.MarketBeat
- Tencent Music Entertainment Group (TME) had its price target lowered by Barclays PLC from $28.00 to $20.00. They now have an "overweight" rating on the stock.MarketBeat
- Jay Chou's New Album "Children of the Sun" Set for Release, Pre-orders Launched on Tencent Music Entertainment Group's PlatformsPR Newswire
- Jay Chou's New Album "Children of the Sun" Set for Release, Pre-orders Launched on Tencent Music Entertainment Group's PlatformsPR Newswire
TME
Earnings
- 3/17/26 - Beat
TME
Sec Filings
- 3/18/26 - Form 3
- 3/18/26 - Form 3
- 3/18/26 - Form 3
- TME's page on the SEC website