Why Huya Stock Fell Today

Why Huya Stock Fell Today

What happened Shares of Huya (NYSE: HUYA) have fallen today, down by 8% as of 1:20 p.m. EDT, after JOYY (NASDAQ: YY) announced a share transfer to Tencent (OTC: TCEHY). Tencent also sent Huya a non-binding proposal letter advocating for a merger.