Why Baidu Stock Crashed Today -- and Then Largely Recovered

By The Motley Fool3 days ago

After a couple of days in which four analysts upped their price targets on Chinese search giant Baidu (NASDAQ: BIDU), the stock dropped Tuesday, falling as much as 13% in the middle of a tech stock rout on Wall Street.

However, it clawed back most of those losses in the afternoon, closing the trading day down by 3.9%.

Image source: Getty Images.

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