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Why Tencent Music Stock Sank This Week
Tencent Music (NYSE: TME) stock saw a significant pullback this week, even though the company reported better-than-expected quarterly results. The company's share price closed out the week down 7.2%. Tencent Music released its Q2 results on Wednesday, reporting sales and earnings that beat Wall Street's forecasts. On the other hand, investors appear to have been more concerned with …