Baidu (BIDU) Moves, Breask Above Near-Term Risistance
Down)
Baidu, Inc. (Nasdaq: BIDU), made a strong move higher Thursday as shares crossed the $132 resistance level it had been hitting over the past several sessions. The Google (Nasdaq: GOOG) of China is now up 3 percent, but made it as high as $135.83, beating the other pop to $135.68 set on February 3rd.
Volume is also rather solid on the move today, about 4.3 million shares traded already.
Baidu hit a 52-week high of $165.96 last July.
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Volume is also rather solid on the move today, about 4.3 million shares traded already.
Baidu hit a 52-week high of $165.96 last July.
Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!
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