Weibo Corp Shares Rise Above 200-Day Moving Average
During Thursday’s trading session, Weibo Corp (Symbol: WB) saw its shares surpass the 200-day moving average of $9.16, reaching a high of $9.46 per share. Currently, the stock is up approximately 7.7% for the day. The chart below illustrates the one-year performance of WB shares in relation to their 200-day moving average:
Examining the chart, Weibo’s 52-week low stands at $7.03 per share, while its high is $12.40, which gives context to the latest trade of $9.46.
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