Zweig DiMenna Associates LLC bought a new stake in shares of Baidu, Inc. ( NASDAQ:BIDU – Free Report ) in the 1st quarter, Holdings Channel reports. The institutional investor bought 39,200 shares of the information services provider's stock, valued at approximately $5,916,000. Several other institutional investors also recently bought and sold shares of BIDU. Morgan Stanley grew its stake in Baidu by 88.2% during the fourth quarter. Morgan Stanley now owns 2,631,331 shares of the information services provider's stock valued at $300,972,000 after acquiring an additional 1,232,917 shares in the last quarter.

https://www.dailypolitical.com/2023/07/15/zweig-dimenna-associates-llc-buys-new-stake-in-baidu-inc-nasdaqbidu.html

#dailypolitical