Better Social Media Stock: Twitter vs. Weibo
Twitter (NYSE: TWTR) and Weibo (NASDAQ: WB) are often considered comparable social networks. Twitter made it easy to post short messages, share them through hashtags, and follow celebrities and brands. Weibo, which mainly operates in China, has similar features as Twitter. The Chinese internet giant Sina spun off Weibo in an IPO in 2014, but it still retains a majority voting stake in the company.
Both stocks have been dismal investments this year. Twitter's stock has declined nearly 20%, while Weibo's stock has tumbled about 30%. Let's see why investors shunned both stocks, and if either one is worth buying.
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Source Fool.com
