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Baidu Stock Jumps 3% So Far On Friday, Outperforms Market

Via News Editorial Team

December 18, 2020

Baidu Stock Jumps 3%  So Far On Friday, Outperforms Market

Shares of Baidu rose 3.71% to $197.17 at 11:43 EST on Friday, following yesterday's downward trend. The Nasdaq Stock Market is sliding 0.26% to $12,731.30, after four sequential sessions in a row of gains. This seems, at the moment, a somewhat rough trend trading session today.

Baidu's last close was $190.11, 2.00% below its 52-week high of $201.11.

Baidu's Sales

Baidu's sales growth is 11.3% for the ongoing 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 Yearly Top and Bottom Value

Baidu's stock is valued at $197.17 at 11:43 EST, below its 52-week high of $201.11 and way above its 52-week low of $82.00.

Baidu's Moving Average

Baidu's value is way higher than its 50-day moving average of $146.55 and way higher than its 200-day moving average of $129.37.

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"