Why Weibo (WB) Stock Surged Today

NEW YORK (TheStreet) -- Shares of Weibo Corp (WB)  are up 1.68% to $21.85 in after-hours trading after the Chinese social media platform had coverage initiated by T.H. Capital with a "buy" rating and a $24 price target.

About 4.14 million shares of Weibo were traded today, compared to the average trading volume of 760, 797 shares a day.

Weibo stock closed up 6.81% at $21.49.

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WB Chart WB data by YCharts

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