Orlando, FL -- (SBWIRE) -- 10/07/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Qihoo 360 Technology Co Ltd (NYSE:QIHU), SINA Corp. (NASDAQ:SINA).
Qihoo 360 Technology Co Ltd (NYSE:QIHU) shares increased 1.03% to $86.17. Credit Suisse began coverage on shares of QIHU in a report released on Sept. 30. The firm issued a neutral rating on the stock.
Additionally, the company on Sept. 5 announced the closing of its private placement of US$600 million in aggregate principal amount of convertible senior notes due 2018, including US$50 million in principal amount of notes issued upon the exercise in full of the over-allotment option that the Company previously granted to the initial purchasers of the notes.
Are investors worried about the recent updates with QIHU? Find out with a free trend analysis HERE
SINA Corp. (NASDAQ:SINA) shares jumped 4.71% to $90.48. Socialgist, a leading global source for Social Media Content, confirmed on Oct. 2 a signed deal with Chinese Microblogging platform Sina Weibo (NASDAQ:SINA) to be the first official provider of social media data from the popular Chinese Social Media community, outside of the People's Republic of China (PRC). Socialgist provides social data solutions for the vast majority of the social media analytics, research and business intelligence platforms.
Is SINA going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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