Scalper1 News
Baidu (BIDU) and other China tech stocks fell on Monday on the heels of data showing the country’s manufacturing sector is shrinking. Baidu, China’s leading search engine, is slated to report Q2 earnings after the close Monday. Analysts expect the company to continue to feel pressure on its profit margins in the wake of a weak showing in Q1. Baidu stock was down 4% in early afternoon trading in the stock market today, near 199, and is down 14% Scalper1 News
Scalper1 News