58.com Inc. (WUBA) reported fourth quarter EPS of $0.13 after the bell Thursday, compared to the loss of $0.34 a year ago.
58.com gapped open sharply higher Friday, but traded in a range throughout the session. The stock finished up by 5.30 at $47.29, with volume at a 4-month high. 58.com climbed above a 2-month range and set a new high for the year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.