Back to top

Weibo (WB) Shows Strength: Stock Adds 24.9% in Session
May 17, 2017

Read MoreHide Full Article

Weibo Corporation (WB - Free Report) was a big mover last session, as its shares rose almost 25% on the day. The move came after the company announced reported better-than-expected first-quarter 2017 financial results. This led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 55.8% in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Weibo currently carries a Zacks Rank #3 (Hold).

A better-ranked stock in the Internet – Content space is TheStreet, Inc. , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Will You Make a Fortune on the Shift to Electric Cars?

Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.

With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.

It's not the one you think.

See This Ticker Free >>




In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


Weibo Corporation (WB) - free report >>


More from Zacks Tale of the Tape

You May Like