Weibo Corporation (NASDAQ: WB) has caught the attention of the investment community today with its bullish price action. The company’s shares have moved 8.55% on the day to $10.66.
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 1.49M shares of Weibo Corporation have been exchanged, as compared to an average 30-day volume of 1.3M shares.
Weibo Corporation share prices have moved between a 52-week high of $12.4 and a 52-week low of $7.03. The stock has moved -0.81% over the past week.
To learn more, visit Weibo Corporation
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