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Stock Market & Financial Investment News

News Breaks
August 22, 2014
08:26 EDTWUBA58.com downgraded to Underweight from Equal Weight at Morgan Stanley
As previously reported, Morgan Stanely downgraded 58.com to Underweight from Equal Weight. The firm expects 58.com's new large-scale marketing campaign to pressure margins near-term and recommends taking profits until there is improved visibility. Price target is $37.50.
News For WUBA From The Last 14 Days
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March 23, 2015
10:08 EDTWUBAHigh option volume stocks
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March 17, 2015
09:17 EDTWUBA58.com 2.5M share Block Trade priced at $44.10
The deal range was $43.90-$44.20. Credit Suisse acted as sole book running manager for the offering.
March 16, 2015
10:07 EDTWUBAHigh option volume stocks
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