Information Provided By:
Fly News Breaks for July 28, 2015
BIDU
Jul 28, 2015 | 05:30 EDT
Brean Capital analyst Fawne Jiang downgraded Baidu to Hold after the company's earnings in Q2 and sales guidance for Q3 missed expectations. Baidu's earnings growth will likely be muted as it invests in the O2O business, Jiang tells investors in a research note. The analyst believes Baidu is moving in the strategically right direction, however. Shares of the Chinese-language Internet search provider dropped $15.68 to $182 after reporting earnings last night.
News For BIDU From the Last 2 Days
BIDU
Apr 17, 2024 | 11:59 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here