Video: Baidu Hits 5th Straight High As Mobile Gains

By | July 25, 2014

Scalper1 News

Baidu (BIDU) stock on Friday jumped to its fifth consecutive all-time high after the dominant Chinese search firm late Thursday reported Q2 earnings that solidly beat Wall Street estimates, fueled by mobile growth. Baidu was up 9.5% in early afternoon trading in the stock market today, near 224. The company broke Wall Street’s estimates with earnings of $.173 a share, up 37% from the year-earlier period. Analysts had expected $1.32. Baidu’s Q2 Scalper1 News

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