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Baidu Stock Sinks 12.7% After Revenue Miss, Downtrend Still in Control

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Baidu stock remains caught in a stubborn daily downtrend, even as the shorter-term chart shows early stabilization. The stock closed Wednesday’s session at 93.26, still beneath every major daily moving average. That higher-timeframe trend v…

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Baidu Stock Sinks 12.7% After Revenue Miss, Downtrend Still in Control
Cryptonomist 3h ago

Baidu Stock Sinks 12.7% After Revenue Miss, Downtrend Still in Control

Baidu stock remains caught in a stubborn daily downtrend, even as the shorter-term chart shows early stabilization. The stock closed Wednesday’s session at 93.26, still beneath every major daily moving average. That higher-timeframe trend v…