Analysis- The 360 #8203;#8203;market capitalization in the end how much-（分析- 360 # 8203; # 8203;最后市值u2014u2014多少）.doc

Analysis: The 360 #8203;#8203;market capitalization in the end how much? (Research papers Download News) Qihoo 360 gives exceeded Wall Street expectations after the Q3 earnings report, the stock has declined nearly 10%, while the last two days and picked up a total of 4%. 360 stock is undervalued in the end what? 360 is still worth holding? Its market value in the end that worth? Some view that Qihoo 360 shares fell after the earnings release may primarily for two reasons. First, November 20, Citigroup analysts Qihoo 360’s search share questioned. Their pointed, CNZZ search data only covers China’s small and medium sites, and does not cover Sina, Sohu, Netease, Tencent, etc. larger sites, while iResearch data contains more than 3000 sites and 1000, software, covering over the whole according to iResearch data show that Qihoo 360 in September of this year’s search market share was 14%, while Qihoo 360 CNZZ display the data referenced by 20% or more. But stock prices over the past week, the 360-odd tigers in the morning of Nov. 21, there have been a 2.8% decline in the share price, and then gradually rose from 21 Japan after the disk and the 22nd of view, Qihoo 360 shares has stabilized. thus described, Qihoo 360 shares had been issued before the earnings digested Citi analysts questioned earnings after the stock fell from a small factor in this regard. Second, compared to Q3, Q4 Qihoo 360’s growth may be slowing. Qihoo 360 from Q4 this year, given the expected growth, the expected growth of 10% to 11%, an increase of 100% -102% while Q3 sequential growth of 24%, an increase of 124%. The slowdown in growth in Q4 primarily from Qihoo 360 pairs of long travel network peeling, and Alibaba in Q4 stopped paying on the 360 #8203;#8203;platform for Lynx traffic. Investment bank Stifel expects these two effects may account for 5% -8% revenue Qihoo 360, but even without considering the impact of this part of Qihoo 360 is still higher than in Q3 slowed g