Sohu Up Over 11% on Going-Private Report
March 05, 2013 at 15:48 PM EST
Shares of Sohu.com (NASDAQ: SOHU ), a major Chinese Internet company, first gapped down, then up, late in the day on Tuesday after a report indicated that the company planned to delist from the Nasdaq. Bloomberg cited Morning Post, reporting that Sohu planned to delist from the Nasdaq and be