The Nasdaq Stock Market ended the session with Baidu jumping 4.44% to $158.32 on Thursday while the Nasdaq Stock Market jumped 0.54% to $12,405.80.
Baidu today’s close was $158.32, 0.30% under its 52-week high of $158.80.
Baidu’s sales growth is 11.3% for the present quarter and 23.8% for the next. The company’s growth estimates for the current 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 $158.32 at 17:37 EST, below its 52-week high of $158.80 and way higher than its 52-week low of $82.00.
Baidu’s Moving Average
Baidu’s value is way higher than its 50-day moving average of $139.46 and way above its 200-day moving average of $126.78.
Previous days news about Baidu
Baidu upped to buy at UBS and price target hiked to $190. According to MarketWatch on Wed Dec 9, “Baidu management also is more likely to take action to realize value for its other businesses, such as autonomous driving, cloud and smart speakers, via stock listings, selling/spinning assets and buybacks.”