Shares of Baidu jumped 9.95% to $179.18 at 14:42 EST on Tuesday, after five successive sessions in a row of gains. The Nasdaq Stock Market is jumping 1.01% to $12,566.20, following yesterday’s upward trend, This seems, as yet, an all-around positive trend exchanging session today.
Baidu’s last close was $162.96, 1.38% under its 52-week high of $181.65.
News about Baidu today
Baidu considering making its own electric vehicles: report. According to today’s article on MarketWatch, "Chinese tech giant Baidu Inc. is mulling over building its own electric vehicle, holding talks with auto makers to contract or to create a joint venture for the endeavor, according to a and China-based Nio Inc. . ", "Baidu last week"
Baidu’s sales growth is 11.3% for the present quarter and 23.7% for the next. The company’s growth estimates for the ongoing quarter is a negative 29.8% and positive 46% for the next.
Baidu’s Stock Top and Bottom Yearly Value
Baidu’s stock is valued at $179.18 at 14:42 EST, below its 52-week high of $181.65 and way higher than its 52-week low of $82.00.
Baidu’s Moving Average
Baidu’s value is way above its 50-day moving average of $141.77 and way higher than its 200-day moving average of $127.93.