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Stock Market & Financial Investment News

News Breaks
May 22, 2014
07:38 EDTWB, SINASINA price target lowered to $65 from $100 at Brean Capital
Brean Capital lowered its price target on SINA (SINA) to $65 following its Q1 results. The firm maintains its Buy rating on the shares and considers it an undervalued asset, citing its investment in Weibo (WB), large cash balance, and investments in multiple assets.
News For SINA;WB From The Last 14 Days
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March 25, 2015
10:16 EDTSINASINA calls active as shares move off lows on renewed takeover speculation
SINA March 33 and 34 weekly calls are active on 6K contracts (1K puts) amid renewed takeover speculation. March weekly call option implied volatility is at 48, April is at 30, May is at 33; compared to its 26-week average of 37 according to Track Data. Active call volume suggests traders taking positions for large price movement.
10:07 EDTSINARumor: SINA moves off lows on renewed takeover chatter
March 13, 2015
10:37 EDTSINAOptions with decreasing implied volatility
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