NEW YORK (TheStreet) -- Baidu
shares plunged in pre-market trading, weighed down by the company's weaker-than-expected first-quarter results.
However, the Chinese Internet search giant reiterated its second-quarter revenue guidance when it released its results after market close on Thursday.
Baidu shares tumbled 8.71% to $84.30 before market open.
was another loser, slipping 1.14% to $271.58 after the Internet retailer noted slowing unit growth in its first-quarter results.
, which reports its first-quarter results next week, crept up 1.76% to $26.60. The social network was also one of the most active pre-market Nasdaq stocks on share volume of 299,773.
rose 0.96% to $3.16, while Apple
was up 0.31% to $409.66.
-- Written by James Rogers in New York
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