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Tencent Music Entertainment Down Over 16%, on Pace for Largest Percent Decrease Since March 2021 — Data Talk

Provided by Dow Jones

Aug 13, 2024 2:29pm

Tencent Music Entertainment Group Sponsored ADR Class A (TME) is currently at $11.00, down $2.13 or 16.22%

--Would be lowest close since March 22, 2024, when it closed at $10.95

--On pace for largest percent decrease since March 24, 2021, when it fell 27.08%

--Currently down three of the past five days

--Down 22.43% month-to-date

--Up 22.09% year-to-date

--Down 65.4% from its all-time closing high of $31.79 on March 23, 2021

--Up 77.71% from 52 weeks ago (Aug. 15, 2023), when it closed at $6.19

--Down 28.99% from its 52-week closing high of $15.49 on May 16, 2024

--Up 82.72% from its 52-week closing low of $6.02 on Sept. 21, 2023

--Traded as low as $10.81; lowest intraday level since March 27, 2024, when it hit $10.80

--Down 17.67% at today's intraday low; largest intraday percent decrease since Oct. 24, 2022, when it fell as much as 18.02%

All data as of 10:11:38 AM ET

Source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

August 13, 2024 10:29 ET (14:29 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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