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Less Than Six Hours Before The Market Open, Baidu Is Up By 4%

ViaNews Editorial Team

February 13, 2023

Less Than Six Hours Before The Market Open, Baidu Is Up By 4%

(VIANEWS) - The NASDAQ opens in less than six hours and Baidu's pre-market value is already 4.66% up.

Baidu's last close was $138.99, 19.13% below its 52-week high of $171.87.

The last session, NASDAQ finished with Baidu (BIDU) dropping 6.13% to $138.99. NASDAQ dropped 0% to $0.00, after three consecutive sessions in a row of losses, on what was a somewhat positive trend exchanging session.

About Baidu

Baidu, Inc. offers internet search services in China. It operates through Baidu Core and iQIYI segments. The company offers Baidu App to access search, feed, and other services using mobile devices; Baidu Search to access its search and other services; Baidu Feed that provides users with personalized timeline based on their demographics and interests; and Haokan, a short video app. It also provides Baidu Knows, an online community where users can ask questions to other users; Baidu Wiki; Baidu Healthcare Wiki; Baidu Wenku; Baidu Scholar; Baidu Experience; Baidu Post; Baidu Maps, a voice-enabled mobile app that provides travel-related services; Baidu Drive; Baijiahao; and DuerOS, a smart assistant platform. In addition, it offers online marketing services, which include pay for performance, an auction-based services that allow customers to bid for priority placement of paid sponsored links and reach users who search for information related to their products or services; other marketing services that include display-based marketing services and other online marketing services based on performance criteria other than cost per click; mobile ecosystem, a portfolio of apps, including Baidu App, Haokan, and Baidu Post; various cloud services and solutions, such as platform as a service, software as a service, and infrastructure as a service; self-driving services, including maps, automated valet parking, autonomous navigation pilot, electric vehicles, and robotaxi fleets, as well as Xiaodu smart devices. Further, the company provides iQIYI, AN online entertainment service, including original and licensed content; other video content and membership; and online advertising services. Baidu, Inc. has strategic partnership with Zhejiang Geely Holding Group. The company was formerly known as Baidu.com, Inc. Baidu, Inc. was incorporated in 2000 and is headquartered in Beijing, China.

Earnings Per Share

As for profitability, Baidu has a trailing twelve months EPS of $10.03.

PE Ratio

Baidu has a trailing twelve months price to earnings ratio of 13.85. Meaning, the purchaser of the share is investing $13.85 for every dollar of annual earnings.

The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 1.53%.

More news about Baidu (BIDU).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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