The market has been down on Weibo Corp (WB) stock recently. WB gets a Bearish score from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With WB Stock Today?
Weibo Corp (WB) stock is down -5.07% while the S&P 500 has gained 0.3% as of 3:27 PM on Friday, Sep 25. WB is down -$1.75 from the previous closing price of $34.52 on volume of 1,100,525 shares. Over the past year the S&P 500 has gained 8.77% while WB is down -29.89%. WB earned $1.73 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 18.92.
To see InvestorsObserver's Sentiment Score for Weibo Corp click here.
More About Weibo Corp
Weibo is the largest social media platform in China. As of 2016, Weibo had 313 million monthly active users and 139 million daily active users, many of whom are drawn there by the millions of key opinion leaders in entertainment, sports, and business circles. Sina is the major shareholder, holding 49.9% of shares and with 75% voting power; Alibaba holds 31.5% of shares and 14.8% voting power.
Click Here to get the full Stock Score Report on Weibo Corp (WB) Stock.
