Technology Stocks

What to Expect from TME, BBD, KGC, RIG Today?

We have four stocks on our list today. Let us have a glance at their performance over the day.

Tencent Music Entertainment slumps on Thursday

Tencent Music Entertainment Group – ADR (NYSE: TME) fell 7.00% on Thursday and traded at $12.69 at the bells ring. Throughout the day, the stock was moving within the range of $12.51 – $13.20. At the moment, the stock is trading in the vicinity of its 52-week low. The 52-week run of this stock is $12.51 – $32.25. The music streaming services based out of China has a P/E ratio of 33.01. 

Banco Bradesco ADR Reptg 1 Pref Shs (NYSE: BBD) remains on the downslide since a month

BBD has been on a downtrend and is moving in the red zone since the beginning of June 2021. BBD has dropped 15.51% in one month and closed at $4.63 on Thursday after moving in the range of $4.55 – $4.69 throughout the day. Over the last five days, there has been a 10.10% fall in the stock. Yesterday, BBD dropped 1.28%.  

Kinross Gold Corporation (NYSE: KGC) slumps 4.02%

KGC has remained consistently bearish since the beginning of this year. There has been a 14.01% fall since January 2021. In the last month, this stock has dropped 20.21%. Yesterday, there was a downtrend of 4.02%. The stock lost 26 cents and closed at $6.20 after moving in the range of $6.16 – $6.57. The 52-week run of this stock is $6.10 – $10.32, which means that the stock is trading close to its 52-week low at the moment. 

Transocean LTD (NYSE: RIG) has been up 64.13% since the beginning of year

RIG has been bullish since January 2021, but this week the stock has moved down 5.03%. It closed at $4.53 after moving within the range of $4.27 – $4.60. The yearly range of this stock is $0.65 – $5.13. The company has a market capitalization of $2.80 billion. At the end of the session, there were 3.2 million shares exchanged compared with its average trading volume of 31.53 million. 

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