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| Weibo closed at $20.24 last Thursday, 19 percent above its US IPO price after slashing its offering size in an attempt to overcome tepid demand for momentum stocks. It continued to pop 11.7 percent on the second trading day. As investors are concerned about its long term performance, Weibo's stock price slowly dropped to $21.41 as of Wednesday with a significantly lower trading volume.
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| After a chill-out period a few years ago, Chinese companies are now coming back to the United States to go public. More than a dozen Chinese companies have filed so far. Micro-blogging giant Weibo has started trading in the U.S., but things haven't gone quite as planned.
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