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Stock Market & Financial Investment News

News Breaks
January 21, 2014
07:58 EDTSINASINA Weibo weakness is not new news, says Maxim
Maxim notes SINA shares are down over 10% since China Internet Network Information Center reported that the active users of Weibo declined 9% year-over-year in 2013. Maxim says weakness at Weibo is not new and points out the micro-blogging site is more revenue-driven than user-driven currently and going forward. The firm reiterates a Buy rating on SINA shares with a $95 price target.
News For SINA From The Last 14 Days
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April 1, 2015
10:04 EDTSINAHigh option volume stocks
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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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