(VIANEWS) – The NASDAQ ended the session with Weibo rising 10.16% to $14.75 on Tuesday, following the last session’s upward trend. NASDAQ fell 0.59% to $10,983.78, after two sequential sessions in a row of losses, on what was a somewhat down trend trading session today.
Weibo’s last close was $13.39, 69.6% below its 52-week high of $44.04.
Through its subsidiaries, Weibo Corporation operates as a social platform that allows people to share, discover, and create content in China’s People’s Republic of China. The company operates in two main segments: Advertising and Marketing Services and Value-Added Services. It offers discovery products, self-expression products and social products for users who want to share their content. The company also offers advertising and marketing services, including social display ads; promoted marketing offerings such as Fans Headline, Weibo Express and Fans Headline. It also promotes search products and trends that are displayed alongside users’ search behavior and trends discovery. The company also offers products such as trend, search, live streaming and editing tools, content customization and copyright contents pooling and user interaction development. It also provides search list recommendation and trends list recommendation. Weibo opens advertisements. It also provides traffic support and back-end management. T.CN Corporation was the company’s previous name. It changed its name in 2012 to Weibo Corporation. It was established in Beijing, China in 2009. Sina Corporation has a subsidiary called Weibo Corporation.
Earnings per Share
Weibo’s trailing 12 month EPS is $1.38.
Weibo’s trailing 12 months earnings to price ratio is 10.69. The purchaser of the shares is investing $10.69 per dollar in annual earnings.
For the 12 trailing months, the company’s return-on-equity, which is an indicator of the business’ profitability relative to shareholders’ equity, was 7.19%.
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