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Technology Stocks
Qihoo 360 (QIHU) IPO
An SI Board Since March 2011
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10 2 0 QIHU
Emcee:  Trader J Type:  Moderated
Qihoo 360 Technology, the #3 Internet company in China with 339 million monthly active Internet users, announced terms for its IPO on Wednesday. The Beijing-based company plans to raise $139 million by offering 12.1 million ADSs shares at a price range of $10.50 to $12.50. At the mid-point of the proposed range, Qihoo 360 Technology will command a market value of $1.4 billion. Qihoo 360 Technology, which was founded in 2005 and booked $58 million in sales last year, plans to list on the NYSE under the symbol QIHU. UBS Investment Bank and Citi are the lead underwriters on the deal, which is expected to price during the week of March 28.
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10Qihoo established a JV with NCTY NCTY is the 67% owner of Firefall . The MMO gaking8888-12/4/2014
9Qihoo: Search And Mobile Games Drive Growth, Maxim Raises TP blogs.barrons.comJakeStraw-3/3/2014
8I passed on GNC as it priced mid range. I have done best with IPO's that prrobb3267-4/2/2011
7I've put in for 4-5 IPO's this year but QIHU was the first I've gottrobb3267-3/31/2011
6I'm pretty ticked at Schwab for leaving me out of this one for what ends up Trader J-3/31/2011
5Hi TraderJ...Was fortunate to have gotten shares at Schwab in QIHU the first onerobb3267-3/30/2011
4Unfortunately, I didn't get allocated through Schwab, I believe due to a tecTrader J-3/30/2011
3Nice opening for QIHU, currently pressing $31 with 8.2M shares traded. Going toTrader J-3/30/2011
2From Seeking Alpha: seekingalpha.com Qihoo 360 Tech (QIHU) is scheduling a $1Trader J-3/29/2011
1Anyone following this new IPO expected price in the next day or two? 339M usersTrader J-3/28/2011
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