Sohu.com Rises On Unusually High Volume (SOHU)

Sohu.com (Nasdaq:SOHU) is trading at unusually high volume Monday with 1.6 million shares changing hands. It is currently at two times its average daily volume and trading up $2.25 (+3.5%).
By TheStreet Wire ,

NEW YORK (

TheStreet

) --

Sohu.com

(Nasdaq:

SOHU

) is trading at unusually high volume Monday with 1.6 million shares changing hands. It is currently at two times its average daily volume and trading up $2.25 (+3.5%) at $66.38 as of 3:56 p.m. ET.

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Sohu.com has a market cap of $2.36 billion and is part of the technology sector and internet industry. Shares are up 35.5% year to date as of the close of trading on Friday.

Sohu.com Inc. provides online media, search, gaming, community, and mobile services in the People's Republic of China.

TheStreet Ratings rates

Sohu.com

as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and weak operating cash flow. You can view the full

Sohu.com Ratings Report

.

See all heavy volume stocks in our

stocks moving on unusual volume list

or get investment ideas from our

investment research center

.

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.

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