Shanda (SNDA) - Sina (SINA) revisited

Includes: SINA, SNDA
by: Ezra Marbach

It's been a month since Shanda Interactive (ticker: SNDA) acquired a 19.5% stake in Sina (ticker: SINA). While the final outcome of this relationship remains in doubt, investors have begun to show some consistency over the last two weeks. Take a look at the trading activity in percentage terms since the February 18th announcement:

Sina in green, Shanda in orange.