Why You Shouldn't Count Out Tencent Music Stock After Earnings

Tencent Music Entertainment Group TodayTMETencent Music Entertainment Group$11.17 +0.04 (+0.36%) 52-Week Range$5.96▼$15.77Dividend Yield1.16%P/E Ratio24.28Price Target$12.72Add to WatchlistTencent Music Entertainment Group NYSE: TME is the largest music streaming company in China. The company’s shares have been a bright spot for investors in the country over the past 52 weeks, providing a total return of 84%. Meanwhile, the SPDR S&P China ETF NYSEARCA: GXC has returned -8%.Despite a 15% drop in Tencent shar ...