Shares of Baidu have moved -16.4% today, and are now trading at a price of $76.3. In contrast, the S&P 500 index saw a 0.4% change and the Dow Industrial Average posted a -0.3% performance. Today's trading volume is 7,472,918 compared to the stock's average volume of 2,494,998.
Baidu, Inc. offers internet search services in China. Based in Beijing, the company has 45,500 full time employees and a market cap of $26,941,075,456. Many Chinese tech companies have fallen today as Xi Jinping tightens his grip over the country for the foreseeable future.
The company is now trading -68.43% away from its average analyst target price of $241.69 per share. The 42 analysts following the stock have set target prices ranging from $149.67 to $394.13, and on average give Baidu a rating of buy.
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