Weibo Corp (WB) PT Raised to $60 at Jefferies Following Earnings

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Go back to Weibo Corp (WB) PT Raised to $60 at Jefferies Following Earnings

Weibo Reports First Quarter 2021 Unaudited Financial Results

May 10, 2021 5:45 AM EDT

BEIJING, May 10, 2021 /PRNewswire/ -- Weibo Corporation ("Weibo" or the "Company") (NASDAQ: WB), a leading social media in China, today announced its unaudited financial results for first quarter ended March 31, 2021.

"We started the year of 2021 with a strong quarter," said Gaofei Wang, CEO of Weibo. "Weibo's user base and engagement continued to grow from prior quarter, leveraging our effective channel investments, enriched video offerings and our strength in social distribution and hot trends. On the monetization front, we are glad to see broad-based year-over-year growth across industries and robust momentum with certain... More