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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. [Read more...]

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