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Weibo Corporation (WB)
Pre-market: 08:02AM EDT
| Previous close | 59.20 |
| Open | 56.12 |
| Bid | 0.00 x 1100 |
| Ask | 0.00 x 800 |
| Day's range | 55.05 - 58.50 |
| 52-week range | 32.51 - 64.70 |
| Volume | 1,279,956 |
| Avg. volume | 1,545,188 |
| Market cap | 12.894B |
| Beta (5Y monthly) | 1.08 |
| PE ratio (TTM) | 41.34 |
| EPS (TTM) | 1.37 |
| Earnings date | 27 Sep 2021 - 01 Oct 2021 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 56.71 |
- Motley Fool
Why Weibo Stock Just Popped, Then Dropped
Chinese microblogging stock Weibo (NASDAQ: WB), known as "China's Twitter," saw its shares jump more than 15% in early trading on Tuesday, before retreating to a 6.4% gain by noon. The reason for the jump: According to Reuters, Weibo is going private. This morning, Reuters cited sources saying that Weibo's chairman is working with an unidentified Chinese state investor to take the company private in a deal valuing it at more than $20 billion.
- Reuters
Exclusive-Weibo chairman, state firm plan to take China's Twitter private - sources
HONG KONG (Reuters) -Nasdaq-listed Weibo Corp's chairman and a Chinese state investor plan to take China's answer to Twitter private, sources told Reuters, sending its shares as much as 50% higher on Tuesday. A deal could value Weibo at more than $20 billion, facilitate shareholder Alibaba's exit and see Weibo eventually relist in China to capitalise on higher valuations, the sources said.
- Investing.com
Weibo Flip-Flops After Denying Report That It’s Being Taken Private
By Dhirendra Tripathi
