Tag Archives for " Weibo "

Weibo

Weibo Got Annihilated

Weibo is a Chinese social media stock that trades in the U.S. under the ticker (WB). It reported earnings today that beat the profit and revenue expectations but the stock dropped 16% on 9.3 million shares.

But it wasn’t the only one. SINA (SINA) also reported earnings that beat and it dropped 13.4%.  SINA is a an online media company and part owner of Weibo.  Momo (MOMO) is an online dating company in China and it got hit for 4.5% today. Continue reading

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