Sina's Wednesday closing price rose 8.64 to 84.55 U.S. dollars, up 11.38%

Summary: View the latest quotes Sina shares Wednesday close 11% November 14 Morning News, Sina (Nasdaq:sina) Wednesday close the stock price rose 8.64 U.S. dollars to 84.55 U.S. dollars, up to 11.38%. Yesterday morning, Sina announced the third quarter ended September 30, 2013 without

View the latest quotes Sina shares rose 11% in Wednesday

On the morning of November 14, Sina (Nasdaq:sina) closed its shares up 8.64 to $84.55 in Wednesday, up 11.38%.

Early yesterday morning, Sina announced the third quarter as at September 30, 2013, unaudited financial report. Net revenue was $184.6 million, up 21% from a year earlier. Non-US GAAP net revenue of 179.9 million U.S. dollars, up 22% from a year earlier, to the company's 176 million U.S. dollars to 180 million U.S. dollars to the expected range of limits.

Sina should account for a net profit of USD 25.4 million, an increase of 157% per cent over a year earlier, and 37 cents for a diluted net income. Non-US general accounting Standards Sina should account for a net profit of USD 28.5 million, an increase of 144% over a year earlier, and a net income of 42 cents per share.

Sina Tuesday After the release of the third quarter of 2013 earnings, stock prices rose 3.4% to 78.49 U.S. dollars.

Goldman Sachs today released a study to maintain the "buy" rating of Sina shares and raise its target share price from $92 to $94.

Deutsche Bank today issued an investment report to maintain the "buy" rating of Sina shares, bringing its target share price from $97 to $99.

US investment company Patrick Jay today released a study to maintain a "overweight" rating on Sina shares and a 95 dollar target share price.

U.S. investment company Day Hao Capital (t.h.capital) today issued an investment report to maintain the Sina stock "buy" rating, while maintaining a 101 dollar target share price unchanged.

Pacific Crown Securities today released a study to maintain a "flat" rating on Sina shares. And said that if Alibaba Group additional investment, then Sina shares will reach 102 U.S. dollars. Sina's current stock price is more than 70 dollars, we think the risk return is very optimistic.

Citigroup released its investment report today to maintain the "buy" rating of Sina shares, bringing its target share price from $96 to $104.

Zacks, an investment research firm, reported today that the third-quarter profit reported by Sina was 35 cents per share (taking stock-pay into account), with analysts over Zack's estimate averaging 17 cents per share. Zacks is currently rating Sina shares as "buy".