Why Weibo Stock Popped by Over 11% Today

Investors welcomed the comforting, if not mind-blowing, growth rates the company delivered in its latest reported quarter. One of China's largest and most important social media companies, Weibo (WB 11.28%), was a real hit with American investors on Thursday. The company's American Depositary Shares (ADSes) closed that trading session almost 11% higher in price, thanks to a very well-received quarterly earnings report. This made Weibo quite the outlier, as the S&P 500 (^GSPC 0.03%) essentially traded flat t ...