30.12.2020 16:02:34
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Stock Alert: Tencent Music Entertainment Climbs To New 52-week High
(RTTNews) - Shares of Tencent Music Entertainment Group (TME), an online music entertainment platform in China, are gaining almost 6 percent or $1.11 in Wednesday's morning trade at $20.05, after hitting a new 52-week high of $20.18 despite the absence of any company-centric news.
U.S. stocks are rising on Wednesday following news that a coronavirus vaccine developed by AstraZeneca plc and the University of Oxford has been approved by U.K. regulators for emergency use.
Tencent Music has traded in a range of $9.22 to $20.18 in the past 52 weeks.
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