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Stockreport

Cathie Wood "Buys the Dip" in Baidu Stock -- Should You? [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
This article first appeared on GuruFocus ARK Invest added to its position in Baidu ( NASDAQ:BIDU ) while trimming exposure to several technology and industrial holdings following recent market moves. The investment firm led by Cathie Wood purchased 97,597 Baidu shares valued at about $12.2 million after the Chinese technology company's stock declined roughly 6% despite reporting fourth-quarter results that exceeded profit and sales expectations. Revenue during the period slipped about 4% year over year, reflecting continued softness in its advertising business. Warning! GuruFocus has detected 5 Warning Signs with BIDU. Is BIDU fairly valued? Test your thesis with our free DCF calculator. ARK's buying activity appears tied to Baidu's expanding artificial intelligence operations. The company said AI-related segments, including cloud infrastructure, applications, and autonomous driving initiatives, generated $1.61 billion in quarterly revenue, accounting for about 43% of total [Read more]
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Stockreport

Cathie Wood "Buys the Dip" in Baidu Stock -- Should You? [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
This article first appeared on GuruFocus ARK Invest added to its position in Baidu ( NASDAQ:BIDU ) while trimming exposure to several technology and industrial holdings following recent market moves. The investment firm led by Cathie Wood purchased 97,597 Baidu shares valued at about $12.2 million after the Chinese technology company's stock declined roughly 6% despite reporting fourth-quarter results that exceeded profit and sales expectations. Revenue during the period slipped about 4% year over year, reflecting continued softness in its advertising business. Warning! GuruFocus has detected 5 Warning Signs with BIDU. Is BIDU fairly valued? Test your thesis with our free DCF calculator. ARK's buying activity appears tied to Baidu's expanding artificial intelligence operations. The company said AI-related segments, including cloud infrastructure, applications, and autonomous driving initiatives, generated $1.61 billion in quarterly revenue, accounting for about 43% of total [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