Baidu posts first loss since 2005; search executive resigns [Business News Network (BNN) Energy & Resources (Canada)]
Baidu, Inc. - American Depositary Shares, each representing 8 ordinary share (BIDU)
Last baidu, inc. - american depositary shares, each representing 8 ordinary share earnings: 2/27 04:30 pm
Check Earnings Report
US:NASDAQ Investor Relations:
ir.baidu.com
Company Research
Source: Business News Network
Baidu posts first loss since 2005; search executive resigns Baidu Inc. ( BIDU.O ) posted a loss for the first time since going public in 2005, as China’s biggest online search service grapples with rising costs and slowing sales in a weakening economy. Hailong Xiang, senior vice president of the search business, resigned after 14 years at the company. Baidu’s American depository receipts fell more than 7 per cent in extended trading. The ADRs closed at US$153.70 in New York before the results. The board authorized a new US$1 billion stock buyback program. The net loss was 327 million yuan (US$47.5 million) for the three months ended March. that compares with the 187.5 million yuan average loss estimate. Revenue rose 15 per cent to 24.1 billion yuan. The 19-year-old internet giant, which controls about 70 per cent of China’s online search market, is trying to stay relevant in the mobile era. While it is sinking billions into new technologies from artificial intelligence to self-driving
Show less
Read more
Impact Snapshot
Event Time:
BIDU
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BIDU alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BIDU alerts
High impacting Baidu, Inc. - American Depositary Shares, each representing 8 ordinary share news events
Weekly update
A roundup of the hottest topics
BIDU
News
- Baidu, Inc. (NASDAQ: BIDU) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Baidu, Geely's EV venture faces uproar after it says needs fresh funds [Yahoo! Finance Canada]Yahoo! Finance Canada
- Baidu, Geely's EV venture faces uproar after it says needs fresh funds [Yahoo! Finance]Yahoo! Finance
- New Strong Sell Stocks for December 12th [Yahoo! Finance]Yahoo! Finance
- Conversational Systems Market to Witness 28% CAGR by 2031 | SkyQuest Technology [Yahoo! Finance]Yahoo! Finance
BIDU
Earnings
- 11/21/24 - Beat
BIDU
Sec Filings
- 11/26/24 - Form 144
- 11/25/24 - Form 144/A
- 11/25/24 - Form 144
- BIDU's page on the SEC website