Treasury Wine share price tumbles on Penfolds China update

Here’s an updated outlook for the Penfolds business now that China is back on the menu. You're reading a free article with opinions that may differ from The Motley Fool's Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources , and more. Learn More The Treasury Wine Estates Ltd (ASX: TWE) share price is under pressure on Thursday morning. At the time of writing, the wine giant’s shares are down 2% to $12.17. Why is the Treasury Wine share price falling? Investors have been selling the company’s…