China’s Baidu announced its second quarter financial results this week and while they topped analysts forecasts, shares still slipped anyway on Thursday. Baidu’s Nasdaq-listed shares (ticker: BAIDU) fell 3.9% after reporting a profit of $2.39 a share, beating forecasts for $2.07, on sales of $4.86 billion. This had come ahead of estimates of $4.78 billion. … Continue reading “Baidu Shares Drop After Company Announces Q2 Results”
Author: Sophia Vida
Sofia has been writing for major news outlets for over 15 years. In her spare time she enjoys hiking, walking her dogs, and going to concerts.
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