Why Weibo Stock Rose 14% in October
Weibo (NASDAQ: WB) shareholders outpaced a declining market in October as the stock rose 14% compared to the S&P 500's 2.8% drop, according to data provided by S&P Global Market Intelligence.
That rally erased only a portion of the Chinese social media stock's recent losses, though, and shares remain lower so far in 2020.
Image source: Getty Images.
Source Fool.com