Shares of Baidu jumped 2.52% to $209.11 at 14:47 EST on Thursday, after two sequential sessions in a row of losses. NASDAQ Composite is jumping 2.33% to $13,037.96, following last session’s downward trend, This seems, as yet, an all-around positive trend trading session today.

Baidu’s last close was $203.97, 8.83% under its 52-week high of $227.58.

News about Baidu today

EV dreams power Baidu but May not last. According to today’s article on The Wall Street Journal, "It makes sense for Baidu to consider making its own cars, especially when investors are paying attention to anything and everything EV-related. "

Chinese tech giant Baidu is seeking to raise $3.5 billion in a Hong Kong stock listing, report says. According to today’s article on Business Insider, "However, Baidu will face stiff competition in an already stacked Chinese EV market. ", "In 2017, Baidu established an autonomous driving unit called Apollo that has worked with established carmakers like Ford. "

Baidu’s Sales

Baidu’s sales growth is 12.7% for the ongoing quarter and 25.2% for the next. The company’s growth estimates for the ongoing quarter is a negative 29% and positive 47.6% for the next.

Volatility

Baidu’s last day, last week, and last month’s average volatility was a negative 4.92%, a positive 1.01%, and a positive 1.74%, respectively.

Baidu’s last day, last week, and last month’s high and low average amplitude percentage was 4.74%, 6.24%, and 5.35%, respectively.

Baidu’s Stock Yearly Top and Bottom Value

Baidu’s stock is valued at $209.11 at 14:47 EST, under its 52-week high of $227.58 and way above its 52-week low of $82.00.

Baidu’s Moving Average

Baidu’s worth is way higher than its 50-day moving average of $169.04 and way above its 200-day moving average of $137.14.

LEAVE A REPLY

Please enter your comment!
Please enter your name here