Tencent Relinquishes Epic Games Board Seats on Antitrust Concern [Yahoo! Finance]
TENCENT HLDGS UNSP/ADR (TCEHY)
NASDAQ:AMEX Investor Relations:
tencent.com/en-us/investor.html
Company Research
Source: Yahoo! Finance
Inc. after the US Justice Department deemed the positions a violation of antitrust laws. Most Read from Bloomberg NYPD Car Chases Are Becoming More Frequent — and More Dangerous China's most valuable company owns both a minority stake in Epic and a direct competitor in its Riot Games Inc. subsidiary, giving rise to concern about antitrust violations, the DOJ said in a statement Wednesday. Tencent relinquished the seats as well as its unilateral right to appoint directors or observers, according to the statement. The two directors stepping down are David Wallerstein and Ben Feder, Epic Games said in an email. Wallerstein was a longtime Tencent executive before taking on an advisory role this year, while Feder is managing partner of Tirta Ventures. Epic Games is one of the gaming industry's key companies, producing the Unreal Engine that's widely used for building advanced 3D graphics and in-game physics. It's also the creator of Fortnite, Rocket League and other globally popu
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
- EHGO Acquired D&K Asset Management and Worked with Liuli Ball Culture to Draw a New Blueprint for Tencent's Business Ecosystem [Yahoo! Finance]Yahoo! Finance
- Tencent, Honor expand team up for cloud, AI services [Seeking Alpha]Seeking Alpha
- Microsoft Dominates Nvidia Chip Market, Surpassing U.S. and Chinese Rivals [Yahoo! Finance]Yahoo! Finance
- Tencent and Honor Forge Wide-Ranging Partnership on AI and Cloud [Yahoo! Finance Canada]Yahoo! Finance Canada
- Tencent and Honor Forge Wide-Ranging Partnership on AI and Cloud [Yahoo! Finance]Yahoo! Finance