Investigation of Baidu securities claims prompts ADS drop
A U.S. law firm is investigating potential claims in a class action involving Baidu securities and urges investors to participate. Baidu said it has deliberately held back monetizing AI search, which has weighed on advertising. After the news, its ADS fell 1.3% to $116.34 on Nov. 26, 2025, and later fell 12.73% to $90.87 on Aug. 18, 2026.