NYSE Stocks Trading Lower Heading into Midday: IVN, QIHU, SOL, YPF, EXM, BBVA

Floor of the New York Stock ExchangeIvanhoe Mines Ltd. (NYSE:IVN) is down 8.45% in midday trading at $14.43. IVN has traded 5.4 million shares so far today, more than double its daily average. Ivanhoe sold a controlling stake in SouthGobi Resources Ltd to Aluminum Corp of China for $923 million. The company has a market cap of 10.67 billion.

Qihoo 360 Technology Co. Ltd. (NYSE:QIHU) is down 6.40% today at $23.34. QIHU has traded 6.9 million shares so far today, well above its daily average of 1.6 million shares. Forbes said Qihoo may face a difficult first quarter audit due to financial results problems with other Chinese companies. The company has a market cap of 2.80 billion.

ReneSola Ltd (NYSE:SOL) is down 6.40% today at $1.9750. SOL has traded 1.1 million shares so far today and trades 1.7 million shares a day on average. SOL shares have dropped more than $0.60 a share in the past week. The company has a market cap of 170.89 million.

YPF S.A. (NYSE:YPF) is down 5.41% in midday trading at $22.71. YPF has traded 1.9 million shares so far today, 500 thousand shares more than its daily average. YPF shares are falling on reports that the Argentina government will take control of the company either by expropriating it or buying a controlling stake. The company has a market cap of 8.93 billion.

Exxcel Maritime Carriers, Ltd. (NYSE:EXM) is down 4.06% today at $1.89. EXM has traded 485 thousand shares in midday trading and trades 984 thousand shares a day on average. The company has a market cap of 167.43 million.

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) is down 5.02% in midday trading at $7.57. BBVA has traded 1.2 million shares so far today and trades 1.5 million shares a day on average. The company has a market cap of 36.96 billion.

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About MarcS

An experienced trader with a background in political science, Marc got his start as an individual trader surfing the old stock message boards. He is always on the lookout for the next big winner.

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