By midafternoon, the Chinese social network had added 4.2% to $23.55.
Since floating on Thursday last week, shares have surged 43.6%.
Last year, the Beijing-based company generated $188 million in sales, nearly triple revenue a year earlier. The majority of sales stem from advertising.Must Read: Warren Buffett's 10 Favorite Growth Stocks SELL NOW: If you own any of the 900 stocks that TheStreet Quant Ratings has identified as a 'Sell'...you could potentially lose EVERYTHING in the next 6-12 months. Learn more. WB data by YCharts STOCKS TO BUY: TheStreet's Stocks Under $10 has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.