BIDU Post-ER Charts
Baidu Inc. (BIDU) shares rose 5% Tuesday at the market's open, after posting a 95% jump in second-quarter earnings the previous day. On Monday evening, the Chinese search engine reported earnings of RMB 1.6 billion ($252.6 million), or RMB 4.67 (72 cents) a share. Second-quarter revenue was RMB 3.4 billion ($528.4 million), up 78% from the year-ago period. Chinese Internet stocks have invited a flurry of investor interest recently. U.S. listed shares of Baidu have been up 70% this year.
Baidu Inc. (BIDU) shares rose 5% Tuesday at the market's open, after posting a 95% jump in second-quarter earnings the previous day. On Monday evening, the Chinese search engine reported earnings of RMB 1.6 billion ($252.6 million), or RMB 4.67 (72 cents) a share. Second-quarter revenue was RMB 3.4 billion ($528.4 million), up 78% from the year-ago period. Chinese Internet stocks have invited a flurry of investor interest recently. U.S. listed shares of Baidu have been up 70% this year.
My post is for my entertainment, do your own DD before pushing your
buy/sell buttons
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