Can Baidu Break Bearish Spell? Buying Pressure Shows Bullish Pre-Earnings Potential
BIDU(BIDU) Benzinga·2024-11-21 01:21
Baidu Inc BIDU will report its third-quarter earnings on Thursday. Wall Street expects $2.35 in earning per share and $4.69 billion in revenues as the company reports before market hours.The stock is down 22.24% over the past year, 24.97% year-to-date.Let’s look at what the charts indicate for Baidu stock and how the stock currently maps against Wall Street estimates.Read Also: Alibaba Eyes Raising $5 Billion Via Bond Sale to Fund Debt Payoff and Stock BuybacksBaidu Stock In Strongly Bearish Trend Baidu sto ...