Price/Volume Spike: Baidu.com (BIDU)
Baidu.com Inc. (NASDAQ: BIDU) is surging after the stock rating was raised to the CONVICTION BUY LIST at Goldman Sachs this morning with a 6-month price target of $145.00. FULL RESEARCH SUMMARY Shares at 9:33 AM EST are up 9.9% at $129.91 after closing at $118.09 yesterday. We have already seen more than 400,000 shares [...]
Price/Volume Alert: Baidu.com (BIDU)
Baidu.com, Inc. (NASDAQ: BIDU) is being hit as a hi-beta tech proxy this morning. Shares are at $166.90, down $11.99 or 6.70% as of 8:38 AM EST. There has not been any direct news, although a Dow Jones article noted Sukhinder Singh Cassidy, Google president of Asia Pacific and Latin America, giving comments last week [...]
Baidu.com After-Hours Volume Surge (BIDU)
Baidu.com Inc. (NASDAQ: BIDU) is seeing a marked volume surge in after-hours trading. The culprit is its better than expected earnings. As of 5:22 PM EST we have seen 367,000 shares trade in after-hours with a last trade of $321+, which is very active for a $300+ stock. -JON OGG
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