This Is What Whales Are Betting On Baidu
Portfolio Pulse from Benzinga Insights
A significant number of investors have taken a bearish stance on Baidu (NASDAQ:BIDU), with 70% of detected trades being bearish. The whales have been targeting a price range from $135.0 to $190.0 for Baidu over the last 3 months. The price of BIDU is currently down -4.04% at $147.0. The next earnings are expected to be released in 20 days.
August 04, 2023 | 12:00 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
A significant number of investors have taken a bearish stance on Baidu, which could potentially lead to a decrease in its stock price.
The bearish stance by a significant number of investors indicates a lack of confidence in the company's performance, which could potentially lead to a decrease in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100