Weibo (WB) Tops Q2 EPS by 2c

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Go back to Weibo (WB) Tops Q2 EPS by 2c

Benchmark Downgrades Weibo Corp (WB) to Hold, 'Dampened Growth Outlook upon Macro and Competitive Pressure'

August 25, 2023 6:23 AM EDT

Benchmark analyst Fawne Jiang downgraded Weibo Corp (NASDAQ: WB) from Buy to Hold.

The analyst comments "We downgrade WB stock to Hold following lackluster 2Q results and disappointing 3Q guidance. As we pointed out in our previous note that while WB should... More