WB Weibo Corp Sponsored ADR Class A

WB SHAREHOLDER ALERT: The Law Offices of Vincent Wong Reminds Investors of Commencement of a Class Action Involving Weibo Corporation and a Lead Plaintiff Deadline of August 28, 2017

NEW YORK--(BUSINESS WIRE)--

The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the United States District Court for the Northern District of California on behalf of investors who purchased Weibo Corporation ("Weibo") (NASDAQ:WB) securities between April 27, 2017 and June 22, 2017.

Click here to learn about the case: http://www.wongesq.com/pslra-sb/weibo-corporation . There is no cost or obligation to you.

According to the complaint, throughout the Class Period, the Company issued materially false and misleading statements and/or failed to disclose that: (1) Weibo lacks a requisite internet audio/video program transmission license; and (2) Weibo was posting certain programs with content in violation of Chinese government regulations on its site. On June 22, 2017, Weibo announced receipt of a notice from The State Administration of Press, Publication, Radio, Film and Television of the People’s Republic of China (the “SAPPRFT”). The notice requests that local authorities “take measures to suspend several companies’ video and audio services due to their lacking of an internet audio/video program transmission license and posting of certain commentary programs with content in violation of government regulations on their sites.”

If you suffered a loss in Weibo you have until August 28, 2017 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. To obtain additional information, contact Vincent Wong, Esq. either via email [email protected], by telephone at 212.425.1140, or visit http://www.wongesq.com/pslra-sb/weibo-corporation.

Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Vincent Wong, Esq.

39 East Broadway

Suite 304

New York, NY 10002

Tel. 212.425.1140

Fax. 866.699.3880

E-Mail: [email protected]

EN
11/07/2017

Underlying

WBWeibo Corp Sponsored ADR Class A

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Weibo Corp Sponsored ADR Class A

Jin Yoon
  • Jin Yoon
WB Weibo Corp Spon...

WB 2Q25 Results: 2H Could be Challenging for Ads

What’s new: Weibo’s reported 2Q25 results that were above consensus and our expectations. Ad rev growth in 2H could be challenging partly due to tougher comps from Summer Olympics and uncertainties in key verticals such as smartphone and online games. Despite near-term uncertainties, ad rev growth could potentially bottom out in 2H as comps could start to ease heading into FY26. We slightly up our PT from USD12 to USD13 on a potential recovery of ads into FY26. Our updated PT of USD13 implies 6....

WB WEIBO CORP SPONSORED ADR CLASS A
08/15/25 August 15, 2025 1 EN
Jin Yoon
  • Jin Yoon
WB Weibo Corp Spon...

WB 1Q25 Results: Ad Rev Growth Could Remain Flat in 2Q

What’s new: Weibo’s reported 1Q25 results that were above consensus and our expectations. Ad rev growth could remain flat YoY in 2Q as resiliency in verticals such as 3C, and e-commerce could be offset by continued YoY decline in gaming. Margins could also continue to be impacted by AI investments. We maintain our PT at USD12. Analysts: Jin Yoon

WB WEIBO CORP SPONSORED ADR CLASS A
05/22/25 May 22, 2025 1 EN
Jin Yoon
  • Jin Yoon
WB Weibo Corp Spon...

WB 1Q25 Preview: Near Term Outlook Remains Intact

What’s New: We maintain our 1Q25 and FY25 estimates as near-term outlook remains intact. Analysts: Jin Yoon

WB WEIBO CORP SPONSORED ADR CLASS A
04/22/25 April 22, 2025 1 EN
Jin Yoon
  • Jin Yoon
WB Weibo Corp Spon...

WB 4Q24 Results: Ad Recovery Could Take Time

What’s new: Weibo’s reported 4Q24 results that were above consensus and our expectations. While ad demand from verticals such as 3C, auto and e-commerce could remain resilient, there are still uncertainties around gaming that may drag overall ad segment. We up our PT from USD10 to USD12 on higher EPS estimates. Our updated PT of USD12 implies 6.0x FY25E P/E. We maintain our BUY rating. Analysts: Jin Yoon

WB WEIBO CORP SPONSORED ADR CLASS A
03/14/25 March 14, 2025 1 EN
Jin Yoon
  • Jin Yoon
WB Weibo Corp Spon...

WB 3Q24 Results: Ad Recovery Could Take Time

What’s new: Weibo’s reported 3Q24 results that were above consensus and our expectations. Ads could be challenging in 4Q partly due to tougher comps in gaming and pull-forward ad demand from Summer Olympics in 3Q. We maintain our PT at USD10. Analysts: Jin Yoon

WB WEIBO CORP SPONSORED ADR CLASS A
11/20/24 November 20, 2024 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch