Qihoo 360: Continuing the trend (NYSE:QIHU)Qihoo 360 Technology ($QIHU) is trading on higher than normal volume today and at a new high. Qihoo 360 Technology is up 7.98% at $78.87 on a volume of 5,376,600 shares. That’s already 2.47 times the normal daily volume of 2,366,268. Qihoo reported better than expected earnings and garnished some analyst upgrades as as result.
Shares gapped above the upper price envelope have have traded slightly lower here half way through the trading day.
Qihoo 360 Technology Qihoo 360 Technology Co., Ltd. provides high-quality internet and mobile security products in China. Its products and services are supported by its cloud-based security technology.