NEW YORK (TheStreet) -- Shares of Weibo Corp.
(WB - Get Report) are down -7.08% to $17.85 on Monday as Chinese Internet stocks continue to drop as a result of the government's censorship.
Weibo, a micro-blog service of SINA Corp.
(SINA - Get Report), is feeling the effects of the government crackdown following the revocation of SINA's license to publish video content on the web, after pornography was discovered on the online platform.
Pornography is illegal in China and the government has been working to remove it and other materials, including American television programs, deemed inappropriate from China's Internet.
Must Read: Warren Buffett's 10 Favorite Growth Stocks
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
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.