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Weibo Corporation shares rise 1.90% premarket after Swatch's apology for 'slanted eye' ad.
ByAinvest
Monday, Aug 18, 2025 4:37 am ET1min read
Weibo Corporation rose 1.90% in premarket trading. The company's stock price increased following the apology issued by Swatch for a controversial ad featuring a 'slanted eye' pose, which was widely condemned online in China. The apology was posted on Weibo's official account, which likely contributed to the positive sentiment surrounding the company.
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