Qihoo (QIHU -6.1%) is plunging in early trading, and another bearish column from SA's Richard N....
Qihoo (QIHU -6.1%) is plunging in early trading, and another bearish column from SA's Richard N. Davis (previous) could be playing a role. Davis is critical of Qihoo's high valuation, and once more questions the validity of Qihoo's data about visits and clicks for its browser home page, as well as paid users for its online games. Others have also raised questions about Qihoo's stats. Qihoo took off last week thanks to a strong Q2 report and a decent early reception for its search engine.
From other sites
Qihoo 360 Technology : Xueda Education Group : Announces Updates on its Joint-Venture with Qihoo 360at 4-traders.com (Mar 25, 2015)
at MarketRealist.com (Mar 24, 2015)
at Zacks.com (Mar 11, 2015)
at Zacks.com (Mar 2, 2015)
at Nasdaq.com (Feb 24, 2015)
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