Black Creek Dumps 999,000 Shares of Baidu Stock Worth $49.1 Million

Black Creek has chosen to trim its Baidu stake at an interesting time. After years of range-bound trading, the media stock had finally begun to break out in the third quarter of 2025, rising 54% in that quarter alone.Baidu, Inc. is a leading Chinese technology company specializing in internet search, digital marketing, and cloud-based services. The company leverages its strong AI capabilities and large user base to deliver integrated digital solutions across multiple platforms, including its flagship search ...