INVESTOR ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Baidu, Inc. - BIDU
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NEW YORK, Aug. 25, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Baidu, Inc. ("Baidu" or the "Company") (NASDAQ: BIDU). Such investors are advised to contact Danielle Peyton at n***@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Baidu and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On November 26, 2025, Reuters reported that an October 7th letter from Deputy Defense Secretary Stephen Feinberg informed lawmakers that the Pentagon had determined Baidu to be one of three companies to be newly added to a list of companies that aid the Chinese military. On this news, Baidu's American Depositary Share ("ADS") price fell $1.54, or 1.3%, to close at $116.34 on November 26, 2025. Then, on February 26, 2026, the Company reported fourth quarter and full year 2025 financial results, including total revenues of RMB129.1 billion ($18.46 billion), representing a 3% year-over-year decline, which the Company attributed primarily "to a decrease in Legacy Business, partially offset by an increase in Baidu Core AI-powered Business." On this news, Baidu's ADS price fell $7.50, or 5.65%, to close at $125.15 on February 26, 2026. Then, on August 18, 2026, the Company reported second quarter 2026...
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