Weibo set another 52-week low at $6.47, 0.31% under the floor it made three sessions earlier. The market cap is down to $1.6 billion, and each new low is arriving faster than the last.
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Weibo marked another 52-week low at $6.61, a second straight day of fresh bottoms and roughly 44% below where it traded a year ago. Market cap is down to $1.6 billion.
Weibo marked a new 52-week low at $6.83, and each fresh floor is arriving faster than the last.
Weibo just marked a fresh 52-week low at $7.19, undercutting its June 26 bottom and leaving the whole company valued near $1.8 billion. A year ago the stock traded above $12.
Strip out RMB appreciation and revenue fell 4% in constant currency, with advertising down 1%, despite the double beat. Operating margin narrowed to 26% from 33% a year ago.
WB Coverage
Wednesday’s Top Analyst Upgrades and Downgrades: Apple, Devon Energy, Global Payments, Mobileye, Netflix, Oracle, PayPal, Ulta Beauty, Urban Outfitters and More
Wednesday's top analyst upgrades and downgrades included Apple, Devon Energy, EOG Resources, First Horizon, Global Payments, Mobileye Global, Netflix, Oracle, PagSeguro Digital, PayPal, Radian, StoneCo, Ulta Beauty and Urban Outfitters.
Friday’s Top Analyst Upgrades and Downgrades: Datadog, Las Vegas Sands, Lyft, Nasdaq, Match, Pfizer, Walmart and More
Friday's top analyst upgrades and downgrades included Datadog, DexCom, Exelixis, Lam Research, Las Vegas Sands, Lyft, Match, Nasdaq, Next Era Energy, Norfolk Southern, Pfizer, Walmart and Wolfspeed.
Thursday’s Top Analysts Upgrades and Downgrades: Applied Materials, Brinker, Illumina, Nvidia, Nasdaq, SeaWorld, Target and More
Thursday's top analyst upgrades and downgrades included Applied Materials, Bill.com, Brinker, Illumina, McAfee, Nvidia, Nasdaq, SeaWorld, Target and Weibo.
Top Analyst Upgrades and Downgrades: Activision, Alphabet, Conoco, Dick’s, Northern Oil, Shopify, Tesla, Weibo and More
Thursday's top analyst upgrades and downgrades included Activision Blizzard, Alphabet, ConocoPhillips, Dick's Sporting Goods, Northern Oil and Gas, Shopify, Tesla and Weibo.
Social Media Stocks See Rising Tide in Short Interest
The January 15 short interest data have been compared with the previous report. Short interest in most of these selected social media stocks increased for this settlement date.
Altria, Frontier Communications Settle Into Thursday’s 52-Week Low Club
Altria, Frontier Communications, Briggs & Stratton and Weibo all posted new 52-week lows Thursday.
Short Sellers Seek Direction on Social Media Stocks
The December 31 short interest data have been compared with the previous report. Short interest in these selected social media stocks was mixed for this settlement date.
Social Media Stocks Feel Short Interest Sting
The December 14 short interest data have been compared with the previous report. Short interest in most of these selected social media stocks increased for this settlement date.
Short Sellers Run for Cover From Major Social Media Stocks
The November 30 short interest data have been compared with the previous report. Short interest in most of these selected social media stocks decreased.
Social Media Stocks Fend Off Short Sellers
The November 15 short interest data have been compared with the previous report. Short interest moves in these selected social media stocks were mixed for this settlement date.
Short Sellers Grow More Selective on Social Media Stocks
The October 31 short interest data have been compared with the previous report. Short interest in most of these selected social media stocks decreased for this settlement date.
Social Media Stocks Face Rising Short Interest
The October 15 short interest data have been compared with the previous report. Short interest in most of these selected social media stocks increased for this settlement date.
Social Media Short Sellers Grow More Selective
Short interest in most of these selected social media stocks decreased as of the latest settlement date.
Short Sellers Hike Their Bets in Social Media Stocks
The September 14 short interest data have been compared with the previous report. Short interest in most of these selected social media stocks increased for this settlement date.
Short Sellers Can’t Make Up Their Minds on Social Media Stocks
The August 31 short interest data have been compared with the previous report. Short interest moves in these selected social media stocks were mixed for this settlement date.