BIDU is trading at $142.68 (+3.43%) in after-hours sessions, rebounding from a sharp daily decline despite a lack of company-specific news or broader market support.
- The gain contrasts with a 1.03% drop in the Nasdaq and a tech sell-off triggered by Anthropic's AI tool release.
- Market observers suggest the move may be driven by short-covering or contrarian buying following recent pressure on Chinese equities.
- The stock closed the regular session down 4.77% at $137.95 before the current reversal began.