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SINA Slumped Further on October 2

Adam Rogers
SINA Slumped Further on October 2

SINA (SINA) fell 4.2% yesterday to close at $67.18. The stock is currently trading 6.2% above its 52-week low of $6.32 and 46% below its 52-week high of $124.60. SINA has fallen 33% in 2018 and 42% in the last 12 months. The company has been impacted by the ongoing trade war between China and the United States as well as downwards earnings revisions. Analysts expect SINA to post earnings per share (or EPS) of $3.02 in fiscal 2018, down from their earlier forecast of $3.30.