Tencent mengurangi kepemilikan saham Reddit

Data Gold 22 November, Tencent disclosed that the company has sold shares of the social media Reddit. Tencent reported after the close of trading on Tuesday, selling about 655,000 shares of Reddit stock at an average price of $133.76 per share, selling about 882,500 shares at a price of about $129.38 per share between November 14 and November 18, and selling nearly 1.5 million shares earlier this month at an average price of $132.19 per share. A total of nearly $400 million of dumping reduced Tencent’s stake in Reddit by about 28%. Tencent still holds over 7.75 million shares of Reddit stock.