Baidu.com Soars in IPO
American depositary shares of of China-based Internet outfit Baidu.com (BIDU) rocketed higher in their first day of U.S. public trading. An initial 4 million ADSs were offered at $27 per ADS; the closing price on Friday was $123.90.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.