Weibo Shares Drop Below 200-Day Moving Average

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On Monday, Weibo Corp (WB) shares traded below their 200-day moving average of $9.33, with prices dipping to $9.30 per share. As of the latest update, WB shares are down approximately 0.1% for the day.

Over the past year, Weibo’s stock has fluctuated between a low of $7.03 and a high of $12.40, with the most recent trade recorded at $9.38.

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