Weibo Corporation (NASDAQ: WB) has caught the attention of the investment community today with its bullish price action. The company’s shares are currently up 5.53% on the day to $16.79.
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.
So far today, approximately 228.08k shares of Weibo Corporation have been exchanged, as compared to an average 30-day volume of 611.1k shares.
Weibo Corporation share prices have moved between a 52-week high of $25.57 and a 52-week low of $10.02. The stock has moved 1.86% over the past week.
To learn more about Weibo Corporation, visit the company’s website at https://weibo.com.
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