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Sina Corp (SINA) spikes by over 10.3% following two upgrades and improved guidance
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Posted on 11/17/09 at 12:55pm by Mark Moneymaster
Sina Corp (NASDAQ: SINA) moved up by over 10.3% to $47.28 by mid-day trades, as the company was upgraded by analysts of two brokerage houses.
The upgrades were made by analysts' at two brokerage houses, since Sina Corp. (SINA) put up an improved guidance for the next quarter, despite 11% year on year fall in earnings for quarter just ended.
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