Shares of Baidu (BIDU) Moving Lower as Google (GOOG) Rolls Over
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After trading nearly 4% higher during today's intraday session, shares of Baidu (Nasdaq: BIDU) are now falling in the after-hours session on the back of Google's (Nasdaq: GOOG) Q1 earnings.
After initially trading up as much as 5% in the after-hours session, shares of Google have now rolled over slightly, and the stock is trading down about 1% from the close. Similarly, Baidu's stock surged on the knee-jerk reaction, but the stock most recently traded at $199.50, down about 2% from the close.
After initially trading up as much as 5% in the after-hours session, shares of Google have now rolled over slightly, and the stock is trading down about 1% from the close. Similarly, Baidu's stock surged on the knee-jerk reaction, but the stock most recently traded at $199.50, down about 2% from the close.
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