Tuesday, October 27, 2009
Baidu.com Profits Jump 42% Then Stocks Take a Dump
You read that correctly. Despite an increase in profits of 42%, which is a pretty strong showing by anyone’s standards, the stock price fell over 13% on the NASDAQ. How does this kind of thing happen you ask? It appears that Baidu.com is going to suffer from the same issue that has plagued Google for [...]
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