Weibo Corp (ADR) (NASDAQ:WB) executives on Thursday toasted the Chinese social media firm’s debut at NASDAQ’s New York headquarters. Hours earlier in Beijing, Charles Xue, a Chinese-American venture capitalist and prominent Weibo user, celebrated a different kind of coming-out: his release after eight months in jail. Weibo Corp (ADR) (NASDAQ:WB) shares after opening at $16.27 moved to $24.48 on last trade day and at the end of the day closed at $20.24. Company price to sales ratio in past twelve months was calculated as 22.28.
Shares of Qihoo 360 Technology Co (NASDAQ:QIHU) have received an average rating of “Buy” from the eighteen analysts that are presently covering the stock, Stock Ratings News reports. Two equities research analysts have rated the stock with a hold recommendation and thirteen have issued a buy recommendation on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $113.57. Qihoo 360 Technology Co Ltd (NYSE:QIHU) shares advanced 1.46% in last trading session and ended the day on $93.85. QIHU return on equity ratio is recorded as 16.40% and its return on assets is 9.20%. Qihoo 360 Technology Co Ltd (NYSE:QIHU) yearly performance is 194.94%.
Qunar Cayman Islands Ltd (NASDAQ:QUNR) the operator of Baidu Inc’s travel website, is in talks with Ctrip.com International Ltd for a merger or partnership, Bloomberg reported, citing two people familiar with the matter. Qunar Cayman Islands Ltd (NASDAQ:QUNR) shares moved up 0.16% in last trading session and was closed at $30.41, while trading in range of $30.00 – $30.94. Qunar Cayman Islands Ltd (NASDAQ:QUNR) year to date (YTD) performance is 14.62%.
China-based 500.com Ltd (NYSE:WBAI) said on 27 march it had filed registration statements with the SEC for a proposed public offering of convertible senior notes and a number of American Depositary Shares (ADSs). 500.com Ltd (NYSE:WBAI) weekly performance is 7.10%. On last trading day company shares ended up $36.51. 500.com Ltd (NYSE:WBAI) distance from 50-day simple moving average (SMA50) is -11.87%. Analysts mean target price for the company is $33.50.