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Stock Market & Financial Investment News

News Breaks
February 20, 2013
08:23 EDTSINASINA reported solid Q4 results, says Brean Capital
Brean Capital remains positive on SINA following solid Q4 results. The firm noted the company is focusing on mobile which is its high growth and high penetration area and views Weibo as an attractive strategic target for the mobile internet space. Shares are Outperform rated with a $69 price target.
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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