5 Things Weibo Management Wants You to Know
Weibo (NASDAQ: WB) delivered another strong quarter with its August 9 earnings report, growing monthly active users (MAUs) 28% and daily active users (DAUs) 26% over the prior-year period. The combination of user additions and improved engagement helped propel the Chinese social media company to substantial year-over-year revenue and net income gains:
Data source: Weibo.
Read on for five key takeaways from the company's second-quarter conference call and a more in-depth look at Weibo's earnings results -- with quotes courtesy of S&P Global Market Intelligence.
Source: Fool.com
Weibo Corp. ADR Stock
€6.90
1.460%
Currently there is a rather positive sentiment for Weibo Corp. ADR with 3 Buy predictions and 0 Sell predictions.
As a result the target price of 12 € shows a very positive potential of 73.91% compared to the current price of 6.9 € for Weibo Corp. ADR.
