What's Keeping Baidu Down Today?
In today's video, Fool.com analyst Andrew Tonner discusses a major storyline surrounding much-followed Chinese tech stock Baidu. Coming into noon, share prices are down around 3%, driven by a downgrade from Jefferies. The reason cited is increased competition from Qihoo 360, a popular web browser in China, which recently launched a search engine to compete directly with Baidu.
To learn what this means for the "Chinese Google," be sure to check out the video above. And if you're a current Baidu shareholder or simply interested in keeping tabs on this top tech stock going forward, you'll want to take a look at Andrew's brand-new premium report on the company. In it, he breaks down this dominant Chinese search provider's strengths and weaknesses, as well as buy/sell indicators to keep an eye on. For a full year, Andrew will also keep you updated on Baidu's status as key news breaks. To start reading now, just click here for access.
The article What's Keeping Baidu Down Today? originally appeared on Fool.com.Andrew Tonner owns shares of Baidu. Follow Andrew and all his writing on Twitter: @AndrewTonner. The Motley Fool owns shares of Baidu. Motley Fool newsletter services recommend Baidu. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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