Tencent Music Entertainment Group (NYSE: TME) has caught the attention of the investment community today with its bullish price action. The company’s shares are currently up 8.31% on the day to $7.88.
Tencent Music Entertainment Group operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the People’s Republic of China. It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover and listen to music in personalized ways; and WeSing, which enables users to have fun by singing and interacting with friends, sharing their singing performances with friends, and discovering songs that others have sung.
So far today, approximately 5.02M shares of Tencent Music Entertainment Group have been exchanged, as compared to an average 30-day volume of 4.71M shares.
Tencent Music Entertainment Group share prices have moved between a 52-week high of $9.29 and a 52-week low of $3.14. The stock has moved 4.9% over the past week.
To learn more about Tencent Music Entertainment Group, visit the company’s website at https://www.tencentmusic.com.
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