Shares of Baidu jumped 3.45% to $211.00 at 13:51 EST on Thursday, after two successive sessions in a row of losses. NASDAQ Composite is jumping 2.3% to $13,033.27, following last session’s downward trend, This seems, as yet, an all-around positive trend exchanging session today.
Baidu’s last close was $203.97, 7.86% below 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, "The news of Baidu’s Hong Kong listing comes weeks after Reuters broke the news that Baidu was mulling an entrance into the EV market.", "In 2017, Baidu established an autonomous driving unit called Apollo that has worked with established carmakers like Ford. "
Baidu’s sales growth is 12.7% for the ongoing quarter and 25.2% for the next. The company’s growth estimates for the present quarter is a negative 29% and positive 47.6% for the next.
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 $211.00 at 13:51 EST, under its 52-week high of $227.58 and way higher than its 52-week low of $82.00.
Baidu’s Moving Average
Baidu’s value is way above its 50-day moving average of $169.04 and way above its 200-day moving average of $137.14.