this post was submitted on 16 Feb 2024
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[โ€“] Zacryon@feddit.de 5 points 9 months ago* (last edited 9 months ago) (1 children)

It would be bought. That's how stocks work. If there is a promising company, there will be interested buyers.

[โ€“] AngryCommieKender@lemmy.world -2 points 9 months ago

Well, penny stocks exist. It's possible that Tencent suddenly liquidating their 30% share could bottom out the share value temporarily. If the market decided that Tencent liquidating their holdings was a sign that the company was going under, that should drive the price down, correct?