Reported From Area 51.
Source: Baidu. Slumping shares of Baidu find China’s leading search engine in a rare position of not crushing the market. It is losing, & losing badly. If the stock doesn’t bounce back in a serious method between now & the complete of Dec. this may be just the 3rd yr in that Baidu closes lower since going public at a split-adjusted price of $2.70 in 2005. This is additionally shaping as much as be Baidu’s worst yr since 2008. The- stock had been rolling before shifting in to reverse this yr. Baidu stock followed up a 77% surge in 2013 with a 128% burst last yr. It has-been a special tale this yr with the shares shedding roughly 1 / 4 of their value. …
Read more on this matter…3 Ways for Baidu to Turn Things Around in 2015
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