Why Baidu Stock Jumped 10% Today

Shares of Baidu (NASDAQ: BIDU), the company called the "Chinese Google," are easily outperforming shares of Google's parent today. As of 11:20 a.m. EDT on Tuesday, Alphabet stock was up 1.5% while Baidu was up 7% after approaching a 10% gain earlier in the morning.

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On Monday, Baidu stock won praise from analysts at investment bank Mizuho, which investors ignored in the face of news about a new coronavirus outbreak in China.

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Source Fool.com