|Bid||178.56 x 300|
|Ask||178.58 x 100|
|Day's Range||177.70 - 186.55|
|52 Week Range||94.04 - 191.50|
|PE Ratio (TTM)||217.25|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The NFL and Donald Trump will surely be in the headlines on Tuesday as tech stocks look to bounce back after a tough start to the week.
HONG KONG/BEIJING (Reuters) - Baidu Inc's (BIDU.O) video streaming service iQiyi, a Chinese-style Netflix (NFLX.O), is eyeing a potential initial public offering in the United States as early as next year, a person with direct knowledge of the plans said on Tuesday. The listing could value the company at between $8 billion and $10 billion, Bloomberg reported earlier, citing two people familiar with the matter. The video steaming service, which competes with Tencent Holdings Ltd and Alibaba Holdings Ltd's (BABA.N) Youku Tudou, is set to start negotiations with banks and deal arrangers, Bloomberg said.
The streaming video service is a dead weight on Baidu's bottom line.