Weibo (WB) Moves 7.1% Higher: Will This Strength Last?
WBWB(WB) ZACKS·2024-10-02 22:05

Weibo Corporation (WB) shares rallied 7.1% in the last trading session to close at $10.80. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 34.8% gain over the past four weeks.Weibo is benefiting from increased user engagement and partnerships that have enhanced its advertising revenue and content ecosystem.This company is expected to post quarterly earnings of $0.46 per share in its upcoming report, which rep ...