The Nasdaq Stock Market ended the session with Baidu jumping 1.22% to $136.00 on Wednesday while the The Nasdaq Stock Market rose 0.48% to $12,094.40. Baidu today’s close was $136.00, 11.16% below its 52-week high of $151.18. Baidu’s sales growth is 10.4% for the current quarter and 22.3% for the next. The company’s growth estimates…
Baidu shares fall despite beating earnings estimates. The Chinese tech firm announced it was acquiring the Chinese livestreaming business of JOYY Inc for $3.6 billion. Shares of Baidu dropped 3.73% to $136.76 at 15:05 EST on Thursday. The Nasdaq Stock Market went up by 0.59% to $11871.7, on what seems, as yet, a positive trading…
The Chinese search engine giant bought JOYY’s Live Streaming domestic video-based entertainment live streaming business, also called YY Live, for $3.6 billion. A few days after, Baidu’s stock is now falling by over 3. Shares of Baidu dropped 3.19% to $137.54 at 10:05 EST on Thursday. The Nasdaq Stock Market is sliding 0.82% to $11801.6,…
