Weibo Shares Fall After Citigroup Downgrade

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Weibo (WB) shares fell 1.7% in Friday trading after Citigroup downgraded the stock to neutral from buy, and adjusted the price target to $7.80 from $9.30.

Trading volume stood at nearly 1.05 million shares, compared with a daily average of about 1.17 million.

Price: 7.07, Change: -0.12, Percent Change: -1.67

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