SINA Corp. (SINA) reported fourth quarter adjusted EPS of $0.13 after the close Tuesday, down from $0.21 in the prior year. The consensus estimate was for EPS of $0.05.
SINA gapped open sharply higher Wednesday and is now up 5.57 at $59.05 in early trade. The stock has broken out of a one-month range and has set a 4-month high.
For comments and feedback: editorial@rttnews.com