Shares of Baidu jumped 3.3% to $191.62 at 09:37 EST on Wednesday, after five successive sessions in a row of gains. The Nasdaq Stock Market is jumping 1.25% to $12,595.10, after two successive sessions in a row of gains. This seems, so far, an all-around positive trend trading session today.
Baidu’s last close was $162.96, 3.92% below its 52-week high of $184.40.
Baidu’s sales growth is 11.3% for the ongoing quarter and 23.7% 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 $191.62 at 09:37 EST, higher than its 52-week high of $184.40.
Baidu’s Moving Average
Baidu’s value is way higher than its 50-day moving average of $141.77 and way above its 200-day moving average of $127.93.
Previous days news about Baidu
Baidu considering making its own electric vehicles: report. According to MarketWatch on Tue Dec 15, "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"