Reported about 10 hours ago
Weibo Corp. (NASDAQ:WB) experienced a significant 11.28% increase in its stock price, closing at $11.44 following strong second-quarter earnings. The company's net income rose by 12.23% to $125.68 million, while revenue grew modestly by 1.6% to $444.8 million, exceeding analyst predictions. CEO Gaofei Wang highlighted successful user engagement and advertising strategies as key factors in the company's performance.
Source: YAHOO