AP News

Movers roundup: Baidu, Optimer


Among the stock activity stories for Tuesday, Oct. 9, from AP Business News:

— Shares of Baidu Inc. slid after a Credit Suisse analyst downgraded the Chinese Internet company, citing concerns over a weaker-than-expected advertising market and growing competition.

— Shares of Optimer Pharmaceuticals Inc. fell as Wall Street weighed in on the company's marketing strategy and sales of its antibacterial drug Dificid.

— Increased competition on several key routes led Hawaiian Airlines Inc. to cut its third-quarter revenue expectations. The stock of its parent company, Hawaiian Holdings Inc., fell on the news.


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