Qihoo 360 Technology Stock Falls On Unusually High Volume (QIHU)

NEW YORK ( TheStreet) -- Qihoo 360 Technology (NYSE: QIHU) is trading at unusually high volume Tuesday with four million shares changing hands. It is currently at two times its average daily volume and trading down $2.56 (-4.6%) at $52.72 as of 3:36 p.m. ET.

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Qihoo 360 Technology has a market cap of $6.49 billion and is part of the technology sector and internet industry. Shares are up 78.2% year to date as of the close of trading on Monday.

Qihoo 360 Technology Co. Ltd. provides Internet and mobile security products in the People's Republic of China.

TheStreet Ratings rates Qihoo 360 Technology 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 solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and premium valuation. You can view the full Qihoo 360 Technology 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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