Weibo Corporation (WB) shares declined 8.30 percent to $8.87, down $0.80 on Wednesday, after the company posted a loss for the fourth quarter despite modest revenue growth.
The stock is currently trading at $8.87 compared with its previous close of $9.67. Shares opened at $9.10 and traded between $8.64 and $9.31 during the session on the Nasdaq. Trading volume reached about 1.23 million shares, above the average volume of about 942,228 shares.
Weibo posted a fourth-quarter net loss attributable to shareholders of $4.7 million, or $0.02 per share, compared with net income of $8.9 million, or $0.04 per share, a year earlier. Adjusted net income declined to $66.4 million from $106.6 million, while adjusted earnings per share fell to $0.25 from $0.40.
Total net revenue increased 4 percent to $473.3 million, with advertising and marketing revenue rising 5 percent to $403.8 million. Monthly active users reached 567 million in December 2025.
The stock has traded in a 52-week range of $7.10 to $12.96.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.