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Why Baidu Stock Soared 55.6% in December

TheMotleyFool

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Why Baidu Stock Soared 55.6% in December

Shares of Baidu (NASDAQ: BIDU) rose 55.6% in December, according to data from YCharts. The Chinese search engine giant's stock surged following a report from Reuters indicating that the company would likely enter the electric vehicle (EV) market.