Shares of Baidu jumped 9.7% to $178.76 at 13:22 EST on Tuesday, after five successive sessions in a row of gains. The Nasdaq Stock Market is rising 0.67% to $12,523.00, following yesterday’s upward trend, This seems, so far, a somewhat positive trend exchanging session today.
Baidu’s last close was $162.96, 1.62% 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’s sales growth is 11.3% for the current 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 $178.76 at 13:22 EST, below its 52-week high of $181.65 and way above 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 above its 200-day moving average of $127.93.