Sina Likely To Report Forgettable Q1 Results, But Revenues Should Recover Sharply In The Near Future
Sina reports its Q1 results on May 23. We expect the company’s Q1 results to be weak. Trefis maintains a price estimate of $73 per share for Sina, which is almost 70% higher than the current market price. A sizable chunk of this price difference can be attributed to the sell-off in Sina’s shares...