BIDU - Why Baidu Stock Is Moving | Benzinga
Baidu Inc (NASDAQ: BIDU) shares are trading lower by 2.7% to $142.53 going into the close of Tuesday's session. Shares of several Chinese stocks are trading lower following Caixin Services PMI data, which showed slower-than-expected August service sector activity growth.
According to a Reuters report, the Caixin/S&P Global Services Purchasing Managers' Index (PMI) registered a decline from 54.1 in July to 51.8 in August. This represents the lowest reading since ...