Weibo 16.8M share IPO priced at $17.00 The deal priced at the low end of the $17.00-$19.00 range and was downsized to 16.8M shares from 20M. Goldman and Credit Suisse acted as joint book running managers for the offering.
Weibo December calls active Web December 20 and 21 call on total call volume of 1600 contracts (100 puts) on the subject of takeover chatter. December call option implied volatility is at 47, January is at 42; compared to its 26-week average of 53 according to Track Data. Active call volume suggests traders taking positions for large price movement.