Tencent's stock has dropped 25% from its January peak, erasing $143B in value, as global investors become warier of big tech's potential growth (Bloomberg)

Bloomberg:
Tencent's stock has dropped 25% from its January peak, erasing $143B in value, as global investors become warier of big tech's potential growth  —  If you thought the slump in U.S. technology stocks was bad, take a look at Tencent Holdings Ltd.  —  The Chinese Internet giant has tumbled 25 percent …



from Techmeme https://ift.tt/2Ov8Vb2

Comments

Popular posts from this blog

5G Playbook

Guilherme Rambo, who has published scoops about unreleased Apple products by examining beta software, says Apple locked his dev account with no stated reason (Buster Hein/Cult of Mac)

Upward and onward