Weibo stock falls to $6.59, a 52-week low amid regulatory pressures and revenue decline

Weibo Corp., a Chinese social media platform, saw its stock hit a fresh 52-week low of $6.59 on Thursday, reflecting persistent challenges in its core business. The decline represents a nearly 49% drop from its previous high of $12.96, while over the past year, the stock has fallen by 47.58%. In the six-month period leading up to the latest low, the share price had already declined by 27%, underscoring sustained weakness.