Weibo Corp. (NASDAQ: WB) Making Surprising Moves in Friday Session

August 16, 2024 10:15:29

Weibo Corporation (NASDAQ: WB) has caught the attention of the investment community today with its bullish price action. The company’s shares have moved 3.47% on the day to $8.2.

Weibo Corporation, through its subsidiaries, operates as a social media platform for people to create, distribute, and discover content in the People’s Republic of China. It operates in two segments, Advertising and Marketing Services; and Value-Added Services. The company offers discovery products to help users discover content on its platform; self-expression products that enable its users to express themselves on its platform; and social products to promote social interaction between users.

So far today, approximately 475.66k shares of Weibo Corporation have been exchanged, as compared to an average 30-day volume of 1.41M shares.

Weibo Corporation share prices have moved between a 52-week high of $14.23 and a 52-week low of $7.17. The stock has moved 1.02% over the past week.

To learn more about Weibo Corporation, visit the company’s website at https://weibo.com.

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