Baidu Inc. (BIDU) Gains After Gap-up Opening Following Strong Q4 Earnings

Baidu Inc. (NASDAQ: BIDU) soared 8.68% in early trading on Wednesday after the stock started with a gap-up opening. Baidu Inc. (BIDU) earlier posted a 48% growth in earnings in Q4, which beat the analysts’ expectations.

Baidu Inc. (BIDU), which is the biggest search engine in China, is potentially best positioned to gain in case Google Inc. (NASDAQ: GOOG) decides to exit from the Chinese market in protest against censor of Google Inc.’s (GOOG) content and advertisements in China.