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Why Weibo Stock Fell, Then Jumped, on Thursday

Why Weibo Stock Fell, Then Jumped, on Thursday

Weibo (NASDAQ: WB) shareholders had a volatile trading day on Thursday as the stock fell as much as 12% in early trading before jumping back into positive territory by 1 p.m. ET. The wider market declined 0.6% in that time. Thursday's moves came as investors reacted to the company's third-quarter earnings report, which showed significant sales declines.