Shares of Baidu rose 8.07% to $256.06 at 11:38 EST on Thursday, following last session’s downward trend. NASDAQ Composite is jumping 0.52% to $13,197.19, after two consecutive sessions in a row of gains. This seems, at the moment, a somewhat positive trend trading session today.
Baidu’s last close was $236.94, 1.54% under its 52-week high of $252.17.
Baidu’s sales growth is 12.5% for the present quarter and 25.1% for the next. The company’s growth estimates for the ongoing quarter is a negative 29.8% and positive 49.2% for the next.
Baidu’s last day, last week, and last month’s average volatility was a negative 1.06%, a positive 3.21%, and a positive 1.96%, respectively.
Baidu’s last day, last week, and last month’s high and low average amplitude percentage was 5.60%, 8.95%, and 6.57%, respectively.
Baidu’s Stock Yearly Top and Bottom Value
Baidu’s stock is valued at $256.06 at 11:38 EST, higher than its 52-week high of $252.17.
Baidu’s Moving Average
Baidu’s worth is way above its 50-day moving average of $183.04 and way above its 200-day moving average of $140.99.
Previous days news about Baidu
Baidu announces plan to establish an Intelligent EV company and form strategic partnership with geely. According to Business Insider on Monday, 11 January, "All information provided in this press release and in the attachments is as of the date of the press release, and Baidu undertakes no duty to update such information, except as required under applicable law."
Baidu to partner with geely to manufacture Intelligent EVs. According to Business Insider on Monday, 11 January, "China’s search engine Baidu Inc. (BIDU) said that it plans to form a company to manufacture intelligent electric vehicles or EV and will collaborate with multinational auto manufacturer Zhejiang Geely Holding Group."
Baidu taps geely as electric-vehicle partner. According to MarketWatch on Monday, 11 January, "The web-search and artificial-intelligence company Baidu , often described as China’s answer to Google, has selected Geely as its automotive-industry partner for a long-anticipated move into electric vehicles. "