SINA Corporation SINA shares are up almost 4% today as a report came out this morning that the company reportedly said no to a $500 million investment from DST Group to be put into Weibo, which is Sina's version of Twitter.
The reported investment would have made Weibo worth $5 billion. Sina's market cap is just over $7 billion.
At last check, shares of SINA were trading at $108.06, up $3.96 or 3.80% on the session.
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