Baidu Corp. (BIDU) soars to 52 week high ahead of quarterly results

By Craig Jones
Benzinga Staff Writer
October 23, 2009 2:38 PM

Symbols: BIDU

Posted in: Earnings, Long Ideas, Technicals, Trading Ideas

Baidu Corp. (NASDAQ: BIDU) surged to a 52 week high on Friday, as the stock touched a level of $437.5, before settling around $435 in afternoon trades.

Baidu Corp. (BIDU) has soared to new heights ahead of its quarterly earnings on next Monday, and the long term trendline for BIDU is remitting positive strength.

Baidu Corp (BIDU) Baidu, Inc. provides Chinese language Internet search services in China and Japan.

Baidu Corp.'s (BIDU) Chinese language search platform enables users to find online information like Web pages, news, images, and multimedia files.

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Baidu Corp. (BIDU) soars to 52 week high ahead of quarterly results

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