PRIMECAP Management acquired 12.1 Million Baidu shares worth $1.06 Billion. That's 0.82% of their equity portfolio (34th largest holding). The investor owns 3.38% of the outstanding Baidu stock. The first Baidu trade was made in Q4 2019. Since then PRIMECAP Management bought shares twelve more times and sold shares on eight occasions. The investor's estimated purchase price is $1.42 Billion, resulting in a loss of 25%.
Baidu Inc (NASDAQ: BIDU ) shares came under pressure in early trading on Friday, despite the company''s better-than-expected quarterly results . The results ...
Appaloosa Management founder David Tepper is among the best-known smart money investors out there. His fund is closely watched by those in the investment com...
Coatue Management LLC, founded by Philippe Laffont, decreased its positions in Chinese companies like Alibaba, Baidu, JD.com, Kanzhun, KE Holdings, Li Auto a...
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