Sina Corp (SINA) spikes by over 10.3% following two upgrades and improved guidance
By Mark Moneymaster
November 17, 2009 12:55 PM
November 17, 2009 12:55 PM
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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