Why Baidu Stock Crashed Today -- and Then Largely Recovered
After a couple of days in which four analysts upped their price targets on Chinese search giant Baidu (NASDAQ: BIDU), the stock dropped Tuesday, falling as much as 13% in the middle of a tech stock rout on Wall Street.
However, it clawed back most of those losses in the afternoon, closing the trading day down by 3.9%.
Image source: Getty Images.
Source Fool.com