Why Baidu Stock Tumbled Today

The company posted fairly unexciting and not particularly inspiring second-quarter results.Flat top-line quarterly growth and operating in a relatively sluggish economy put the hurt on Baidu (BIDU -4.40%) stock Thursday. The veteran Chinese tech company's American depositary shares (ADSs) declined by more than 4% following its latest quarterly earnings hitting the news feeds. By comparison, the S&P 500 index fell by a relatively light 0.9% on the day.Top- and bottom-line declines in the second quarterFor it ...