In trading on Monday, shares of Baidu, Inc. (Symbol: BIDU) crossed below their 200 day moving average of $154.16, changing hands as low as $151.40 per share. Baidu, Inc. shares are currently trading off about 6.8% on the day. The chart below shows the one year performance of BIDU shares, versus its 200 day moving average:
Looking at the chart above, BIDU's low point in its 52 week range is $83.89 per share, with $189.34 as the 52 week high point - that compares with a last trade of $152.29.
According to the ETF Finder at ETF Channel, BIDU makes up 8.50% of the Guggenheim China Technology ETF (Symbol: CQQQ) which is trading lower by about 3.9% on the day Monday.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.