Baidu Inc. (BIDU) experienced a decline, trading down 2.36% at $149.56, despite the absence of direct company news, aligning instead with broader market sentiment driven by Fed Chair nomination volatility and a focus on tech earnings.
- The stock is significantly lagging major indices, which posted gains today (S&P 500 +0.43%, Nasdaq +0.42%, Dow +0.88%).
- This movement continues a recent downward trend, with the stock having declined from $162.52 over the last seven days.