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Baidu (BIDU) in Focus: Stock Moves 6.5% Higher in Session
Baidu, Inc. (BIDU - Free Report) was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $165.54 to $177.78 in the past one-month time frame.
This Internet services industry witnessed one negative estimate revision over the past 30 days. However, the Zacks Consensus Estimate remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Baidu has a Zacks Rank #4 (Sell), while its Earnings ESP is 0.00%.
BAIDU INC Price
BAIDU INC Price | BAIDU INC Quote
However, a better-ranked stock in the same space is Facebook, Inc. , sporting a Zacks Rank #1 (Strong Buy).
Is BIDU going up? Or down? Predict to see what others think: Up or Down
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