For a brief moment, Tencent Music Entertainment’s shares had made new billionaires. Following Tencent Music’s IPO, the Chinese streaming music giant’s stock has remained relatively volatile. Despite opening at $13 per share, the company’s stock quickly plummeted into historic lows just five days later. Tencent Music Entertainment (TME) closed at $12.13 on December 17th. Then, […]
The post Tencent Music Entertainment’s Rising Stock Briefly Makes Co-Presidents Billionaires appeared first on Digital Music News.