Weibo Corporation (symbol: WB) was one of the biggest winners of the
trading day today (2015-08-25), gaining 10.24%. The number of shares that
changed hands was 1,794,817, or about 1.9 times the average daily volume in
the stock.
The closing price was $10.66, amounting to a market cap of $2,210,000,000,
about -59.13% off the highest price in the last 12 months. The stock has
been trading at a range between $8.78 and $26.08.
WB is in the Computer Software: Programming, Data Processing industry, part
of the Technology sector. It first went public in 2014.
Looking at its valuation, the stock is now trading at 2665.0 times earnings.
No comments:
Post a Comment