3 Reasons Baidu Stock Can Bounce Back in 2024

The Chinese search engine giant is down, but it's certainly not out.The trend is not the friend for Baidu (BIDU 8.47%) shareholders. China's iconic search engine finds its stock trading 20% lower in the otherwise buoyant 2024, off a blistering 33% over the past year. Many Chinese investments have fallen out of favor lately, but most of them are faring better than the country's original dot-com darling.Baidu is down, but it doesn't mean it's out. Let's go over three reasons why the stock that is now 73% belo ...