Weibo: Government's Control Unlikely To Harm Profitability, Long-Term Thesis Remains Intact [Seeking Alpha]
Weibo Corporation - American Depositary Shares (WB)
Last weibo corporation - american depositary shares earnings: 2/26 05:00 am
Check Earnings Report
US:NYSE Investor Relations:
ir.weibo.com
Company Research
Source: Seeking Alpha
Summary Investment thesis Over recent years, Weibo's (NASDAQ: WB ) business has gathered a considerable momentum and has shown a remarkable degree of resilience. With no signs of a slowdown in revenue growth, Weibo's outperformance is likely to continue. Corporate profile Weibo, often nicknamed 'Twitter of the East,' is a leading social media platform in China. Because it enables its users to create, distribute and discover Chinese-language content in real time, it is also an irreplaceable tool of China's internet celebrity economy. However, unlike Twitter, Weibo has become highly profitable. The company is controlled by its parent Sina Corporation ( SINA ), which currently holds 46 percent equity stake (72 percent of all voting rights) in the company. In the latest financial quarter, Weibo's monthly active users reached 361 million (33 million more MAUs than those of Twitter), an increase of 28 percent year-over-year. Strong Financials Looking at financial sta
Show less
Read more
Impact Snapshot
Event Time:
WB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
WB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
WB alerts
High impacting Weibo Corporation - American Depositary Shares news events
Weekly update
A roundup of the hottest topics
WB
News
- Weibo Publishes 2023 Environmental, Social and Governance Report [Yahoo! Finance]Yahoo! Finance
- Weibo Publishes 2023 Environmental, Social and Governance ReportPR Newswire
- Weibo to Hold Annual General Meeting on May 22, 2024PR Newswire
- Weibo Co. (NASDAQ: WB) had its "neutral" rating re-affirmed by analysts at The Goldman Sachs Group, Inc.. They now have a $10.60 price target on the stock.MarketBeat
- Weibo Co. (NASDAQ: WB) was upgraded by analysts at UBS Group AG from a "neutral" rating to a "buy" rating. They now have a $11.50 price target on the stock.MarketBeat
WB
Earnings
- 3/14/24 - Miss
WB
Sec Filings
- 4/8/24 - Form 6-K
- 3/14/24 - Form 6-K
- 2/27/24 - Form 6-K
- WB's page on the SEC website