The Traderszone Network

Published in TZ Latest News 31 October, 2017 by The TZ Newswire Staff

Keep Calm and Buy Baidu’s Post-Earnings Dip

Shares of Baidu (NASDAQ: BIDU) recently fell after the company posted mixed third quarter earnings and guidance that missed analyst expectations. However, there was also a lot of confusion about Baidu’s numbers — the sales miss was minor, and many media reports misunderstood or ignored the reasons for the lower sales guidance. Let’s take a look at what happened, and why Baidu’s dip actually represents a great buying opportunity for investors.

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