Stock Market Alert - BIDU Slips on Market Weakness

Posted on Tuesday 27 February 2007



Stock Market Alert - Blame it on the markets. BIDU traded down over 6% to close the regular session at $104.76, after both Asian markets and the markets in North America plummeted on Tuesday. Volume was moderate for BIDU on Tuesday, with just over 3.3 million shares of the stock changing hands, compared to a normal daily average of just over 2.8 million shares traded. Look to the Asian markets tonight to see how BIDU will trade tomorrow. If the Asian markets continue to slip, then BIDU should see some continued weakness on Wednesday.



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