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TheDomains.com

Rightside lowered to a sell rating by Zacks Research shares below $8

February 7, 2017 by Raymond Hackney

Rightside (NASDAQ:NAME) shares are down 4% today and Zacks Research has lowered it’s rating on the stock to a sell. The shares are trading below $8 for the first time since December 22.

The stock had a pretty nice run up to $12.85 over the summer but have since come back down. The company recently agreed to sell Enom to Tucows (TCX)

Filed Under: Publicly Traded Domain Co, Rightside

About Raymond Hackney

Raymond is a writer, domain trader and consultant based in Pennsylvania. Raymond is the founder of 3Character.com and TLDInvestors.com.

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Comments

  1. Rich says

    February 7, 2017 at 5:11 pm

    They just keep selling assets to pay for mistakes.

  2. Snoopy says

    February 7, 2017 at 7:06 pm

    They’ve now sold most of their business and will little doubt squander a lot of the proceeds through staffing numbers that are now way too high. This is a company that is being mismanaged, selling off the valuable assets to try and build a business around new tlds which is a tiny % of revenue. Expect the share price to be $4 in 5 years time.

  3. CDE says

    February 8, 2017 at 11:00 pm

    For the same $8 or so, I think it makes much more sense to get an expired .COM domain.

    It will have a much larger upside.

    Gtlds are a deadend and serve no purpose in life.


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