Stocks of TikTok US suitors hit by fears of China block

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Shares of TikTok U.S. suitors Microsoft Corp, Oracle Corp and Walmart Inc fell on Monday after China's move to restrict some technology exports ...

REUTERS: Shares of TikTok U.S. suitors Microsoft Corp, Oracle Corp and Walmart Inc fell on Monday after China's move to restrict some technology exports spurred worries Beijing might block any deal for the video app's U.S. assets.

All three pared some of the losses after CNBC reported earlier in the day, giving no details of its sources, that a TikTok deal could be announced as early as Tuesday.

 

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