Tucows.com Tops $2 A Share
Share of Tucows.com (TCX) topped $2 a share in intraday trading for the first time since 2001.
Shares of Tucows.com traded as high as $2.05 before falling back to $2 where its is trading as of time of publication.
Shares of Tucows traded at $1.50 just a couple of weeks ago as their Dutch tender ended. Shares started 2013 at $1.45 so the stock is now up over 30% since the start of the year.
Volume today is already over 800,000 shares or over 6x the three month average daily volume.
Tucows.com is one of the 5 largest domain name registrars and has several application to operate new gTLD registries.
Tucows.com has a market cap of under $90 million.
Back in 2009 Tucows.com traded as low as $.25