Home > Internet > Online Trends

The second trading session Weibo closed up 11%

Source: Internet
Author: User
Keywords Rose closed second trading day
Tags closed closed up closing company exchange listed market released
Developer on Alibaba Coud: Build your first app with APIs, SDKs, and tutorials on the Alibaba Cloud. Read more ＞

In the early morning of April 22, Beijing time, the Chinese concept stock (NASDAQ:WB), which was listed on the Nasdaq stock Exchange in the US last week, surged 11.82% in the U.S. stock market earlier in Monday, and its share price reached $22.6. By the end of the closing, Weibo's share price rose 11.7% per cent to 22.61 dollars.

JG Capital, the US investment company, released a study today, giving Weibo NASDAQ:WB shares a "overweight" (overweight) rating of $25 for the target.

While technology companies are experiencing a low ebb in U.S. capital markets, but the microblog of the IPO last week gave the market a boost: At the end of its first day of trading with a 19% per cent rise, it was once more than 40%, and foreign mainstream media and Hong Kong media, commenting on the microblog listing, said Weibo would be a bellwether for listed companies.

This article is an English version of an article which is originally in the Chinese language on aliyun.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to info-contact@alibabacloud.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Keywords:
a number raised to the second power the server closed the connection without sending data how do i set up a second email address is the website up setting up the cloud the next up cloud the cloud sign up
Related Article
Getting Started with CDN
Front-end Must Learn: CDN Acceleration Principle
Elements of CDN Network
Understand the Principle of CDN Acceleration in One Article
Cloud Security Issues Derived from the Development of Cloud C...
8 New Types of Attacks Facing the Cloud Environment

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

Hot Article
Hot Tags
computing conference access forum computer class data get http html applications
Popular Keywords
about the cloud a forums a http and sign a websites am i black listed a firewall a dota a application an express

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

Get Started for Free

  • Sales Support

    1 on 1 presale consultation

    Chat Contact Sales

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

    Open a Ticket

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.

    Learn More