Baidu Rises On Investment From Top Smartphone Maker

By | November 21, 2014

Scalper1 News

A sizeable investment by China’s top smartphone maker in the online video portal owned by No. 1 China Internet search firm Baidu (BIDU) sent Baidu stock rising Friday. Baidu stock was up more than 2.5% in midday trading in the stock market today, near 245. Baidu stock is near its all-time high of 251.99, touched on Nov. 13. Baidu stock is up nearly 75% since early April. Beijing-based Xiaomi announced that it and related investment fund Shunwei Scalper1 News

Scalper1 News