SINA 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
Check below for free stories on SINA the last two weeks.