Baidu opened at $96.16 Wednesday before posting solid session gaining 2.02%

Published: November 25 2022, 13:05 GMT+0

Baidu opened at $96.16 Wednesday before posting solid session gaining 2.02%

Investors are currently sidelined due to the Thanksgiving holiday but will return to their desks today. Looking back over the previous session Wednesday: having ended a bullish session Wednesday at $97, momentum helped Baidu Inc finish the day $1.92 or 2.02% higher, although mixed sentiments ensured the Chinese technology company etched out a distinct $95.27 to $98.64 session range.

This rally in Baidu's share price coincided with other communication services stocks as Alphabet was up 1.53%. Netflix was up 1.68%. Comcast gained 1.23%, as it traded at $35.53.

Baidu hit a significant low of $76.57 around 25 days ago, but has since recovered 24.17%.

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