Tencent Music, StubHub Shares Fall Big in Another Off Week for Music Stocks
As some once high-flying streaming stocks limp toward the end of the year, music stocks have fallen far below their all-time high. Tencent Music Entertainment (TME) dropped 11.0% to $18.93 after the company reported its third-quarter earnings on Tuesday (Nov. 11). TME reported strong growth in online music of 27.2% and music subscriptions of 17.2%. […]
