Weibo Touches $6.83, Its Lowest Price in Over a Year
As seen on the 24/7 Wall St. homepage on August 31, 2026.
Weibo marked a new 52-week low at $6.83, and each fresh floor is arriving faster than the last.
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Weibo settled at $6.83 on August 31, undercutting the 52-week low set on August 27 by another 2.15%. Each successive floor is arriving faster than the last, so selling pressure is outrunning the buyers who stepped in at those levels.
The stock has traded down through successive thresholds this year without reclaiming a prior support level.
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Demand has not matched supply at any price point tested this year.
A close above the broken August 27 level would be the first technical sign the downtrend is losing momentum.