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Stock Market & Financial Investment News

News Breaks
February 25, 2014
07:47 EDTSINASINA price target lowered to $100 from $120 at Brean Capital
Brean Capital lowered its price target on SINA following solid Q4 results including profitability at Weibo. The firm sees 2014 as a year of investment which will likely weigh on margins in the near-term and thus lowered its price target accordingly. Shares remain Buy rated.
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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