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Weibo paring gains after Bloomberg denies earlier report of $20B take private offer (update)

Jul. 06, 2021 7:57 AM ETWeibo Corporation (WB) Stock, BABA StockBABA, WBBy: Joshua Fineman, SA News Editor14 Comments

Chinese Social Media with iphone X
4X-image/iStock Unreleased via Getty Images

  • Update 8:45am: Updates shares, adds denial report.
  • Weibo (NASDAQ:WB) is paring some of its gains, now up 12%, after Bloomberg reported that a report that Weibo is going private is "not true."
  • Earlier, Weibo gained

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