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Why Weibo Corporation Rose 25% in January [The Motley Fool]

S & P GLOBAL INC (SPGI)  More Company Research Source: The Motley Fool
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PDF After posting 150% returns in 2017, China's Twitter continues to impress. Jamal Carnette, CFA ( TMFJcar ) Feb 10, 2018 at 5:39PM What happened Starting 2018 in the same manner it ended 2017, Weibo Corporation ( NASDAQ:WB ) continued its strong performance, with shares of the social media network provider rising 25% in January, according to data from S&P Global Market Intelligence . So what Weibo, the microblogging site often referred to as China's Twitter , continues to outperform its U.S. counterpart. Last year, Weibo overtook Twitter in the heavily watched monthly active users (MAU) figure by boasting 340 million in the first quarter versus Twitter's 328 million. By the third quarter, Weibo had grown MAUs to 376 million,  while Twitter's last reported figure was 330 million. Image source: Getty Images In addition to strong MA [Read more]

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