Dallas, Texas 04/24/2014 (FINANCIALSTRENDS) – Weibo Corp (ADR) (NASDAQ:WB) the Chinese Twitter-like social media platform too has 140 character limitation and allows users to support and complete their expressions with images, snapshots as well as videos and songs. The nature of sharing has been asymmetric with users connecting with any other users as well as including further comments while using the posts.
Social media based networking
Weibo Corp (ADR) (NASDAQ:WB) is noted for its wide-ranging social media features. In a country where avenues for free speech are limited, Weibo has been a catalyst of change, allowing users anonymous freedom to express, debate and discuss. Though there are large-scale regulations by the government, fortunately for WB it has been able to sustain user interest and engagement.
Weibo Corp (ADR) (NASDAQ:WB) has been able to grow to be a world-favorite because of the ease with which users can now share feeds as well as allow other users to follow these users.
Financial Overview
Weibo Corp (ADR) (NASDAQ:WB) has a market capital of $4.29 billion. The shares of this stock have an infra-day trading average between low of $20.20 and high of $23.35. The stock also has a 52 week high of $24.48 and 52 week low of $16.26. At the start of the previous trading session, the stock was found to have opened trading at $23.30.
Weibo Corp (ADR) (NASDAQ:WB) has at its latest financial results, reported EPS of -0.19. Volume trading was $18.91 million. Weibo Corp is located in Beijing, China and has been reporting share prices which have dropped by over 7.52% on the stock market with prices revising downwards by over 1.74.
Weibo has grown to become a social media platform which now provides users the much required social commentary on current issues and on every subject under the sun. the key aspect of this social network platform however has been the Chinese language in which the platform has been built to support.
