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Sina (SINA) -3.5% after the company shoots down a rumor (originally surfaced in November) that...

  • Wednesday, December 26, 2012, 9:02 AM ET
    Sina (SINA) -3.5% after the company shoots down a rumor (originally surfaced in November) that Alibaba is planning to buy a 15%-20% stake in its Weibo microblogging platform at a hefty valuation. Shares fell on Monday, along with those of other Chinese Internet stocks, on news the government is weighing a law that would require all Internet users to register their real names.
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