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China’s Baidu Beats Estimates, Stock Surges, Despite Massive Profit Drop

China’s Baidu Beats Estimates, Stock Surges, Despite Massive Profit Drop

5 years ago
Anonymous $ZuTig1gZkQ

https://wccftech.com/chinas-baidu-beats-estimates-stock-surges-despite-massive-profit-drop/

Despite negative headwinds, Baidu (NASDAQ:BIDU) was able to beat estimates, with shares of the company rising nearly 8% in after-hours trading post-earnings. 

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