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Wednesday, May 08, 2019 12:27:18 PM
Baidu Inc (NASDAQ:BIDU) is viewed by many as the Google of China, it is the leading internet search engine in the country. The stock has been stuck in a sideways trading range since it bottomed in December 2019 at $153.78 a share. Traders should note that in May 2018 the stock traded as high as $284.22 a share. Today, BIDU stock is trading at $159.14 a share so you can see how this stock has struggled in 2019. Remember, the NASDAQ Composite and the NASDAQ 100 just made new all time highs last week. At this time, the stock looks to have a lot of support around the $150.00 level. This support area is simply a big whole round number that has not been tested yet. Often, markets love big whole round numbers and this should be the case for BIDU stock when it is tested. Should this $150.00 support level fail then the next major support area will be much lower and likely around the $130.00 level.
![](http://www.inthemoneystocks.com/images/BIDU%205.8.19.png)
Nicholas Santiago
InTheMoneyStocks
Recent BIDU News
- Doordash and Deliveroo Terminate Talks; Universal Announces UK Theme Park Plan, and More News • IH Market News • 06/26/2024 11:08:35 AM
- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 06/07/2024 10:05:34 AM
- Baidu Introduces AI and Agent-Driven Innovations at Annual Mobile Ecosystem Event to Transform Mobile Experience • PR Newswire (US) • 05/31/2024 09:42:00 AM
- CalPERS to Oppose Exxon Mobil Directors; Microsoft Unveils Copilot+ PCs with AI Focus, and More News • IH Market News • 05/21/2024 11:18:35 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/21/2024 10:17:10 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/16/2024 08:02:01 PM
- Chubb Stock Soars 9% with Berkshire Acquisition, AST SpaceMobile jumps 37% on AT&T deal, and More News • IH Market News • 05/16/2024 11:27:07 AM
- US Stock Futures Rise Amid Softer Inflation, Oil Prices Dip • IH Market News • 05/16/2024 11:19:45 AM
- Baidu Announces First Quarter 2024 Results • PR Newswire (US) • 05/16/2024 09:00:00 AM
- Novavax Surges 57% Post $1.4 Billion Sanofi Deal; Apple Boosts Data Centers with AI and Internal Chips, and More News • IH Market News • 05/10/2024 12:02:56 PM
- Baidu to Hold Annual General Meeting on June 26, 2024 • PR Newswire (US) • 05/08/2024 09:00:00 AM
- Philips Stocks Soar 47% Following US Deal, Tesla Bolsters Presence in China, and More News • IH Market News • 04/29/2024 11:11:24 AM
- BHP Bids $38.8 Billion for Anglo American; Biden Unveils Historic Micron Technology Deal, and More News • IH Market News • 04/25/2024 11:48:40 AM
- Baidu Launches Second ERNIE Cup, A Global Innovation Challenge to Discover the Next Big AI-Native Applications • PR Newswire (US) • 04/17/2024 11:03:00 AM
- Baidu Presents a Suite of Toolkits and Models to Supercharge AI Creativity at Create 2024 • PR Newswire (US) • 04/16/2024 12:39:00 PM
- Ericsson Soars with 66% Net Profit Growth; Live Nation Under Antitrust Scrutiny in US, and More News • IH Market News • 04/16/2024 11:18:19 AM
- Baidu to Report First Quarter 2024 Financial Results on May 16, 2024 • PR Newswire (US) • 04/12/2024 09:00:00 AM
- /C O R R E C T I O N -- Baidu, Inc./ • PR Newswire (US) • 04/02/2024 11:19:00 AM
- Baidu Create 2024: Empowering Everyone as Creators of the AI Future • PR Newswire (US) • 04/01/2024 11:00:00 AM
- Apple & Google in Talks for Gemini AI on iPhone, Nvidia’s GTC Conference Today, and Latest News • IH Market News • 03/18/2024 11:10:46 AM
- Baidu, Inc. Files Its Annual Report on Form 20-F • PR Newswire (US) • 03/18/2024 09:00:00 AM
- Baidu Launches China's First 24/7 Robotaxi Service • PR Newswire (US) • 03/08/2024 12:44:00 PM
- Baidu Announces Fourth Quarter and Fiscal Year 2023 Results • PR Newswire (US) • 02/28/2024 09:00:00 AM
- Goldman Sachs Reconsiders Fed Cuts, LUNR Surges Over 40% in Pre-Market, and More • IH Market News • 02/23/2024 01:03:59 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 11:01:51 AM
FEATURED BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • Jul 2, 2024 7:19 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM