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google-invested Baidu made its first earnings report as a public company on the American exchanges, and the
year-over-year revenue
gain is spectacular: a seven-fold increase from $210,000 to $1.5M. But a good earnings report can sometimes
underline an overvalued stock, and investors are taking BIDU for a downward ride today. In fact, since the tremendous
gap up on IPO day, BIDU’s chart looks like a downhill ski run.
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