Reddit Stock Drops as Advance Reportedly Plans To Borrow Against Stake [Yahoo! Finance]
TENCENT HLDGS UNSP/ADR (TCEHY)
NASDAQ:AMEX Investor Relations:
tencent.com/en-us/investor.html
Company Research
Source: Yahoo! Finance
Reddit shares sank Friday on a report Advance Magazine Publishers planned to borrow against its stake in the social media platform. Regulatory filings also disclosed Chinese conglomerate Tencent Holdings sold shares. Other recent filings show that company insiders like CEO Steve Huffman have also sold shares. Reddit ( RDDT ) stock sank Friday on a report Advance Magazine Publishers planned to borrow against its stake in the social media platform and regulatory filings disclosed Chinese conglomerate Tencent Holdings sold shares. Advance Magazine Publishers, the parent company of Conde Nast and its brands like GQ and Vanity Fair , is offering 7.8 million of its Reddit shares at a discounted price, "valued at as much as $1.2 billion," to establish a line of credit, according to a Thursday report from Bloomberg. "Separately, Advance is buying derivatives on the shares, which will allow it to maintain its ownership stake while enabling it to create the credit facility," the repo
Show less
Read more
Impact Snapshot
Event Time:
TCEHY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TCEHY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TCEHY alerts
High impacting TENCENT HLDGS UNSP/ADR news events
Weekly update
A roundup of the hottest topics
TCEHY
News
- Why Reddit (RDDT) Stock Is Down Today [Yahoo! Finance]Yahoo! Finance
- Texas Gov. Abbott orders state agencies to divest from China [FOX Business Network]FOX Business Network
- Here's the formula companies like Netflix, Uber, and Spotify will use to capture $2T in growth over the next decade [Yahoo! Finance]Yahoo! Finance
- iQiyi, Chinese Video Streamer, Profits Halved in Third Quarter [Yahoo! Finance]Yahoo! Finance
- Enveda Closes $130M Series C Funding to Deliver Multiple Clinical Readouts from a Pipeline of 10 Development Candidates [Yahoo! Finance]Yahoo! Finance
TCEHY
Earnings
- 5/15/24 - Beat
TCEHY
Analyst Actions
- 9/10/24 - New Street Research