Baidu Slides; Stifel, Raymond James Cut Ratings After Q4
Posted on February 05, 2013 at 10:27 AM EST
Baidu shares are trading sharply lower Tuesday morning following the company's Q4 financial results, as analysts at both Raymond James and Stifel Nicolaus reduced ratings on the China-based Internet search company. While results and guidance were largely in line, there are new concerns this morning about the company's margin performance.
Baidu shares are trading sharply lower Tuesday morning following the company's Q4 financial results, as analysts at both Raymond James and Stifel Nicolaus reduced ratings on the China-based Internet search company. While results and guidance were largely in line, there are new concerns this morning about the company's margin performance.
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