Baidu, Inc. Stock Slids On Tuesday, Underperforms Market

Shares of Baidu, Inc. dropped 3.9% to $142.08 at 15:11 UTC on Tuesday, on what attested to be an all-around rough exchanging session on Wall Street. The Nasdaq Stock Market jumped 0.04% to $11895.2 at 14:27 UTC. This was the stock's -3 consecutive sessions of losses. Baidu, Inc. last close was at $142.47, below its 52-week high of $147.38. Baidu, Inc.'s sales growth is 3.6% for the ongoing quarter and 6.4% for the next. The company's growth estimate for the present quarter is 16.3% and a drop of 40.2% for the next. Baidu, Inc.'s stock is valued at $142.08, above its 52 Week High of $147.38 and way below its 52 Week Low of $82. Baidu, Inc.'s worth is higher than its 50 day moving average of $129.76. Baidu, Inc.'s value is way above its 200 day moving average of $119.96.