Shares of Tencent Music Entertainment (NYSE:TME) fell 10% in the U.S. on Tuesday after it reported third-quarter results that did not live up to Wall Street expectations. The Shenzen-based company ...
In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal. Tencent Music ...
China’s online music and audio entertainment platform’s adjusted EPADS of $0.16 (1.16 Chinese yuan) missed the analyst consensus estimate of $0.17. The stock fell after the earnings report.