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Stock Market & Financial Investment News

News Breaks
March 25, 2014
08:03 EDTSINASINA Weibo still highly relevant to Chinese consumers, says JPMorgan
JPMorgan believes that the impact on SINA's Weibo service from Tencent's Weixin bottomed out in 2013 and the firm think's Weibo remains "highly relevant" to Chinese consumers. JPMorgan views Weibo’s spin-off as a near term catalyst for SINA shares and maintains its Overweight rating on the stock.
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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