Baidu Soars Despite Heavy Spending On Video And O2O

By | October 30, 2015

Scalper1 News

Baidu (BIDU) stock rose on Friday to its highest level since late July after the China search leader late Thursday posted Q3 earnings in line with Wall Street’s expectations and said the company will hold another buyback for up to $2 billion of its shares during the next two years. Baidu stock was up 11% in afternoon trading in the stock market today, near 187. Since the start of the year, Baidu stock has tumbled nearly 19%. Revenue rose to $2.892 Scalper1 News

Scalper1 News