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Weibo Corporation (WB)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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47.03+0.12 (+0.26%)
At close: 4:00PM EDT
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  • I
    Idris
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  • w
    wererabbit
    This dropped a couple days ago, simply because they removed the fan site for Chinese actress Vicky Zhao. She is extremely popular in China. That's it. Plus the Govt has a board member on WB board. I got this at the low, and may sell today on this bump up, but this stock is much bigger than it looks. Surprised by the lack of followers
  • L
    Liverdie
    China crackdown maybe reason
  • j
    josh
    8/19/21
    Benchmark Raises Price Weibo Corporation (WB) $67.00 ➝ $70.00 Buy
    Credit Suisse Group Upgraded Weibo Corporation (WB) $48.00 ➝ $56.00 Neutral ➝ Outperform
  • W
    Wayne
    WB is constantly adjusting to the Big Red Rule..good entry point
  • N
    No
    If you haven't read the quarterly report plz do. it's released and now available. Simply put, IMPRESSIVE. Av Monthly user increased 43 Mil, Av daily user increased 16 Millions. Rev inc 48%, Erning per sh $0.79 compared with $0.15 last year same quarter. 32-33% margins... Just impressive. The adverse Impact of tighter gov regulations (the hardest area in education K-12) on revenue has been only about 2% which is really minimal when compared with the growth in revenue and user activities.
    Even though the st price jumped about 3% today, the MASS Volume (over twice the avg daily volumes) shows that WB stk price is gonna swing upwards. Good days are ahead.
  • m
    marcellus
    http://Rightpicker.com) is a must for any trader. Their watchlist which (covers pre-market movers is one of the best researched in the industry. I don’t start trading without reading their daily email each morning!
  • L
    Leon Battista
    $SECO conversation
    New Frontier Health (NFH) was the one between two Chinese stocks which received a go private offer by their insiders the last winter.
    NFH, like SECO, has retained Duff and Phelps as their financial advisor and they didn't file a 20-F.
    Yesterday NFH announced the definitive agreement to go private. They will pay the price of the initial offer, $12 per ADS and also they have made a deal to pay $0.30 per warrant.
    These news are critical for SECO too. The NFH case proves that nothing has changed for the Chinese go private stocks. There is no reason, not a fact or sign that SECO will not announce a definitive agreement too, like the 98% of the stocks which received a similar offer.
    Also the investors of $SFUN $QD and $WB should keep in mind this development.
  • W
    Wayne
    Just Wait...Buyers back in next wk..and so on.
    we'll see shorts get burned when big money buys in
  • F
    Fraudci is a Criminal
    Xi Jinping just shorted this dog
  • D
    David
  • j
    josh
    Weibo beats by $0.16, beats on revs; guides Q3 revs above consensus
    Reports Q2 (Jun) earnings of $0.79 per share, $0.16 better than the S&P Capital IQ Consensus of $0.63; revenues rose 48.3% year/year to $574.5 mln vs the $525.88 mln S&P Capital IQ Consensus. Co issues upside guidance for Q3, sees Q3 revs of +20-25% to $558.8-582.1 mln vs. $556.33 mln S&P Capital IQ Consensus.
  • D
    Duke
    Giving all your financial data to a China own company… that is great idea.
  • T
    T.
    $TCEHY conversation
    Six months ago, one could have bought Tencent for about $900 billion. Today, one could almost buy both Tencent and Alibaba for the same money. $TECHY $BABA $BIDU $JD $DIDI $WB
  • j
    jung
    Here's my 2 cents...
    Current political environment will only expedite the process of 'taking it private'. The whole and only reason they want to do this is to buy it and list it in Hong Kong for a fat profit. That's why Chao denied it because he didn't want to drive up the price...understandably. However all these new strict regulation coming out of Beijing will make Chao nervous of possibly losing a chance of doing so, which will in turn make him hurry up the process.
    If you're already long, don't give up on your stock. I will add some more next week if it holds $58.73. If you're debating if you should get in or not, that's totally up to you.
    Good luck to everyone!
  • M
    Mark
    I think they will go private. Their denying it makes it seem all the more likely.
  • W
    Wayne
    Does Anyone know why it's down -$4 + in premkt?
  • w
    wererabbit
    Last time this dropped, it took a week to rise back up. I bought in for the quick profit. Would never own a Chinese stock like this long term, especially one that has been marked the the Communist Govt.
  • M
    MICHAEL
    There may be another Chinese suitor as well. There is probably benefit to the government to not having foreign investment and removing the risk that data goes to foreign countries.