Baidu stock today: BIDU rises as insider sale filing surfaces, with Fed minutes next
Baidu’s U.S.-listed shares rose 1.6% to $126.81 Monday, outperforming China internet peers as Alibaba fell 2.5%. A securities filing showed Baidu CTO Wang Haifeng plans to sell 50,000 ADS worth about $6.24 million after a cashless option exercise. The disclosure came as Wall Street indexes slipped and China-Taiwan tensions added pressure to U.S.-listed China tech stocks.