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Meituan (MPNGY)

Other OTC - Other OTC Delayed Price. Currency in USD
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42.57-0.54 (-1.25%)
At close: 03:56PM EDT
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Trade prices are not sourced from all markets
Previous close43.11
Open43.01
BidN/A x N/A
AskN/A x N/A
Day's range42.45 - 43.15
52-week range26.75 - 76.10
Volume24,499
Avg. volume126,387
Market cap132.463B
Beta (5Y monthly)0.81
PE ratio (TTM)N/A
EPS (TTM)-1.19
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
  • Reuters

    Exclusive - Tencent plans to divest Meituan stake worth $24 billion - sources

    China's Tencent Holdings plans to sell all or a bulk of its $24 billion stake in food delivery firm Meituan to placate domestic regulators and monetise an eight-year-old investment, four sources with knowledge of the matter said. Tencent, which owns 17% of Meituan, has been engaging with financial advisers in recent months to work out how to execute a potentially large sale of its Meituan stake, said three of the sources. The planned sale comes against the backdrop of China's sweeping regulatory crackdown since late 2020 on technology heavyweights that took aim at their empire building via stake acquisitions and domestic concentration of market power.

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    Market check: Stocks jump, crude oil rises, Nike stock declines

    Yahoo Finance's Emily McCormick joins the Live show to break down how stocks are moving after China eases its COVID-19 restrictions.

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    Market check: Stocks bounce back from Thursday’s steep losses

    Yahoo Finance’s Emily McCormick joins the Live show to break down how markets opened on Friday.