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Stockreport

Baidu Shares Plunge 28.9% Year to Date: Time to Sell the Stock? [Yahoo! Finance]

Baidu, Inc. - American Depositary Shares, each representing 8 ordinary share (BIDU)  More Company Research Source: Yahoo! Finance
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
the Zacks Computer and Technology sector's growth of 30.6%. This has raised significant concerns about the company's growth trajectory and market positioning. BIDU's latest financial results for third-quarter 2024 paint a concerning picture, with total revenues declining 3% year over year to RMB 33.6 billion ($4.78 billion), signaling persistent weakness across multiple business segments and challenging the company's narrative of AI-driven transformation. Image Source: Zacks Investment Research The company's flagship Baidu Core segment posted flat revenue growth, reflecting ongoing struggles in its online marketing business. While management attempts to paint a positive picture through growth in AI Cloud revenues, which rose 11% year over year, this increase has proven insufficient to offset broader weaknesses in the company's traditional revenue streams. The online marketing segment, which remains Baidu's primary revenue driver, saw a troubling 4% decline to RMB 18.8 billion ($ [Read more]

IMPACT SNAPSHOT EVENT TIME: BIDU
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Don't Miss Out On The Next BIG Stock Move
EVENT DAY
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Stockreport

Baidu Shares Plunge 28.9% Year to Date: Time to Sell the Stock? [Yahoo! Finance]

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
the Zacks Computer and Technology sector's growth of 30.6%. This has raised significant concerns about the company's growth trajectory and market positioning. BIDU's latest financial results for third-quarter 2024 paint a concerning picture, with total revenues declining 3% year over year to RMB 33.6 billion ($4.78 billion), signaling persistent weakness across multiple business segments and challenging the company's narrative of AI-driven transformation. Image Source: Zacks Investment Research The company's flagship Baidu Core segment posted flat revenue growth, reflecting ongoing struggles in its online marketing business. While management attempts to paint a positive picture through growth in AI Cloud revenues, which rose 11% year over year, this increase has proven insufficient to offset broader weaknesses in the company's traditional revenue streams. The online marketing segment, which remains Baidu's primary revenue driver, saw a troubling 4% decline to RMB 18.8 billion ($ [Read more]

IMPACT SNAPSHOT
EVENT TIME:
BIDU
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
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
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 (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS