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Stock Market & Financial Investment News

News Breaks
February 20, 2013
07:04 EDTSINASINA Q1 guidance positive, says Piper Jaffray
After SINA provided in-line Q1 revenue guidance, Piper Jaffray believes that the momentum of the company's Weibo microblog is continuing while the Chinese Internet ad environment appears to be improving. The firm thinks that SINA's ad revenue guidance likely beat Street expectations, and it maintains a $65 price target and Overweight rating on the shares.
News For SINA 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

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