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Weibo (WB) Stock Is Friday’s ‘Chart of the Day’

NEW YORK (TheStreet) -- Shares of Weibo (WB) are down 1.01% to $31.25 in early afternoon trading on Friday.

The social media platform is based in Beijing.

The microblog, which is similar to Twitter (TWTR), is expected to double its second quarter earnings per share to 10 cents and extend a six-quarter stretch of triple-digit growth, according to Investor's Business Daily.

TheStreet's Chris Versace and Bob Lang of Trifecta Stocks have identified Weibo as the "Chart of the Day." Here is what Versace and Lang had to say about the stock:

Quietly, we have seen Weibo sneak up and become a star tech performer, one of the best from China. This stock was a spinoff from Sina.com and has more than doubled since bottoming in early February.

The...


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