Stock Track | WEIMOB INC Plummets 14.78% as Tencent Offloads Major Stake

Stock Track

2025/01/10

Shares of WEIMOB INC, a Chinese cloud-based commerce services provider, plummeted 14.78% in the intraday trading session on Friday, significantly underperforming the broader market.

The steep sell-off in WEIMOB INC's stock appears to be primarily driven by the news that Tencent Holdings, a major shareholder, disposed of a significant stake in the company. According to regulatory filings, Tencent sold an aggregate of 184 million shares in WEIMOB INC on January 3rd and 6th.

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According to regulatory filings, Tencent sold an aggregate of 184 million shares in WEIMOB INC on January 3rd and 6th.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02013","symbol_name":"微盟集团","start_time":0,"source_url":"","article_id":"1125012351","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1125012351","pubTimestamp":1736472676,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of WEIMOB INC, a Chinese cloud-based commerce services provider, plummeted 14.78% in the intraday trading session on Friday, significantly underperforming the broader market.The steep sell-off in WEIMOB INC's stock appears to be primarily driven by the news that Tencent Holdings, a major shareholder, disposed of a significant stake in the company. 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