Baidu Showing Relative Strength (BIDU, COMPQ)

Shares of Baidu BIDU are surging to an all-time high this morning despite weakness in the broader equity markets. Shares of the Chinese internet search giant are up $2.73, or 2.44%, to $144.42, which is a new all-time high. This move higher comes despite the Nasdaq Composite (COMPQ) being lower by 1.31%. Baidu shares are up 179% in 2010.
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