Baidu's streaming video service iQiyi falls 13.6% in Nasdaq debut, closing at $15.55, down from opening price of $18 (Max A. Cherney/MarketWatch)

Max A. Cherney / MarketWatch:
Baidu's streaming video service iQiyi falls 13.6% in Nasdaq debut, closing at $15.55, down from opening price of $18  —  Baidu subsidiary valued at $12.7 billion in second-largest U.S. IPO for Chinese company; shares fall 14% in debut  —  With more subscribers than Netflix Inc. …

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