Weibo Corporation (ADR) (NASDAQ: WB) made its U.S debut last April 17 and was a major hit. Weibo commonly referred to as the Twitter (NYSE: TWTR) of China, opened at just below $17. Weibo Corp (ADR) (NASDAQ:WB) stock performance was 11.71% in last session and finished the day at $22.61. Traded volume was 13.46million shares…
The two companies that sold their shares within their marketed range—China’s Leju Holdings Ltd. and Weibo Corp. (ADR) (NASDAQ:WB), both opted the day of their offerings to sell fewer shares than planned. Weibo Corp (ADR) (NASDAQ:WB) stock performance was 19.06% in last session and finished the day at $20.24. According to reports, Pfizer Inc. considered…
China’s government censored Weibo Corp (ADR) (NASDAQ:WB), the nation’s biggest microblog platform, more on July 1, when record numbers of Hong Kong residents joined the pro-democracy march, than it did on June 4, the anniversary of the Tiananmen Square crackdown. Weibo Corp (ADR) (NASDAQ:WB) stock performance was -4.36% in last session and finished the day…
Credit Suisse began coverage on shares of Weibo Corp (ADR) (NYSE:WB) in a report released on Tuesday, TheFlyOnTheWall.com reports. The firm issued an outperform rating and a $23.00 price objective on the stock. Weibo Corp (ADR) (NASDAQ:WB) stock performance was 2.95% in last session and finished the day at $22.00. Traded volume was 2.29million shares…
China is one such country. To capitalize on that China fandom, the NBA has expanded its social media joint ventures. The NBA contracted with the internet media company SINA Corp. (NASDAQ:SINA) for what has been described as an “unprecedented access to NBA content on multiple SINA platforms.” SINA Corp (NASDAQ:SINA) stock performance was -0.60% in…
Analysts at Credit Suisse began coverage on shares of Weibo Corp (ADR) (NYSE:WB) in a research report issued to clients and investors on Tuesday, TheFlyOnTheWall.com reports. The firm set an “outperform” rating and a $23.00 price target on the stock. Credit Suisse’s target price indicates a potential upside of 19.73% from the stock’s previous close….
