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TheDomains.com

Verisign Downgraded By Zacks Partially Based on the New gTLD Program

June 11, 2015 by Michael Berkens

Zacks, a publication that tracks the stock market and covers many public companies has downgraded shares of Verisign to a sell,  partially based on the new gTLD program.

“”We believe that gTLD prospects, international expansion through IDNs and investments in intellectual properties will boost results over the long run.

“The negative impact of search engine adjustments on domain monetization and increasing operating expenses related to marketing remain the primary headwinds in the near term. ”

“Verisign (NASDAQ:VRSN) closed at $63.10 today up .29

 

Filed Under: VeriSign

About Michael Berkens

Michael Berkens, Esq. is the founder and Editor-in-Chief of TheDomains.com. Michael is also the co-founder of Worldwide Media Inc. which sold around 70K domain to Godaddy.com in December 2015 and now owns around 8K domain names . Michael was also one of the 5 Judges selected for the the Verisign 30th Anniversary .Com contest.

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Comments

  1. JJ says

    June 11, 2015 at 8:48 pm

    Verisign has enjoyed a virtual monopoly for three decades and its finally coming to an end. The value of .com domain names has steadily fallen as the inventory of useful names has dwindled.

  2. SoFreeDomains says

    June 12, 2015 at 11:28 am

    I predicted this sometimes ago and I think Verisign should strategise in order to be relevant in the new order of the World Wide Web.

  3. Davd Wrixon says

    June 12, 2015 at 1:57 pm

    Nothing will be known until Verisigns own gTLDs launch.

    At that point in time most of the Talking (Empty) Heads will get a shock.

    I their free advice worth more than you paid….?


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