Sina shares break through $ 85 on Thursday a new high
SAN FRANCISCO January 14 morning news, Sina (Nasdaq: SINA) shares rose 4.88% on Thursday, the share price exceeded $ 85. At the close, reports Sina shares at $ 85.53, a new record high.
Thursday, Sina shares opened at $ 82.57. After the stock quickly pulled up and opened the first time $ 85 mark, the highest intraday price of $ 87.45. Tuesday, Sina shares topped $ 80 mark. Over the past 52 weeks, Sina minimum price of $ 32.00.
Sina's outstanding shares from late 2007 to about 5552 to the present 6100 million shares. According to the latest share price, Sina has a market value reached 5.217 billion U.S. dollars.
had some investment banks and research institutions, Sina raised its price target. Citigroup released a report Jan. 7, a buy rating on Sina / low risk. $ 71 target price raised from $ 90, expected share price returns of 16.8%, 16.8% expected total return. (Feiyu)
