Other internet stocks, though, lack investment coverage and could be ripe for snapping up. ChinaCache Internatnl Hldgs Ltd (ADR) (NASDAQ:CCIH), Renren Inc (NYSE:RENN), and SINA Corp (NASDAQ:SINA) are a few of the stocks beaten down in the last ...
SINA Corp (NASDAQ:SINA) has also put forth a solid performance on the technical front, climbing more than 12% so far this year to trade at $56.37, and besting the broader S&P 500 Index (SPX) by north of 11 percentage points during the past two months.
Unsurprisingly, numerous internet companies such as Baidu.com, Inc. (ADR) (NASDAQ:BIDU), China's premier web search engine; SINA Corp (NASDAQ:SINA), an online media and news company; and Alibaba, an private auction website on the verge of an ...
Chinese online media firm SINA Corp (NASDAQ:SINA) declared a loss for the Q1 that lower from a year ago, driven largely by higher revenues and surged margins.
SINA Corp (NASDAQ:SINA) closed yesterday at $59.75, a -0.47% decrease. Around 1.70 million shares were traded, down from an-average trading volume of 2.78 million shares.
In this article, I compare Facebook Inc (NASDAQ:FB), LinkedIn Corp (NYSE:LNKD), SINA Corp (NASDAQ:SINA) and Renren Inc (NYSE:RENN), trying to take into consideration every important aspect of the social network business.
SINA Corp (NASDAQ:SINA) has gone from 9 million shares to about 2.6M shares sold short. In previous trading session, stock reports dropped 0.30% to the closing price of $56.74.
For instance, Sina Corp, which owns micro-blogging service Weibo, has recently launched an online payment service in a bid to transform its heavy Web traffic into revenue amid increasing competition.
It's also facing competition from SINA Corp (NASDAQ:SINA), Qihoo 360 Technology Co Ltd (NYSE:QIHU) and Sohu.com Inc (NASDAQ:SOHU) in the search battleground.
Sina Corp. (NASDAQ:SINA) is currently trading at $60.5 up 2.7% in after-hours on 30060 shares traded. SINA is trading 7.63% above its 50 day moving average and 8.89% above its 200 day moving average.
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