Baidu shares plunge 12.73% after AI revenue concerns prompt securities lawsuit
AI Summary- Faruqi & Faruqi is investigating potential securities claims against Baidu and its executives.
- Baidu ADS fell $13.25, or 12.73%, closing at $90.87 on August 18, 2026.
- Investors must file lead-plaintiff motions by November 13, 2026, according to the announcement.