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Stock Market & Financial Investment News

News Breaks
February 25, 2014
06:24 EDTSINASINA posted first operating profit for Weibo, says Piper Jaffray
Piper Jaffray notes that Q4 marked the first quarter of operating profitability for SINA's Weibo. Piper views the milestone as important for the eventual IPO of Weibo. It expects the IPO announcement to be a positive catalyst for SINA shares and keeps an Overweight rating on the stock with a $95 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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