06-03-2019 19:36
Tencent Slashes at $271 Billion Stock Slump with Massive 50% Recovery
Tencent, the world’s largest gaming company and one of the biggest social media service owners, saw its stock plummet in 2018, costing investors as much as $271 billion in losses. Tencent shares are now seeing a massive recovery fueled by opportunities from “Fortnite” and “Apex Legends” in China’s booming gaming sector and improving sentiment in the domestic stock market. Tencent Stock Rebounds 50% Compared to Last October Tencent’s share price has pumpe
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