Tucows Down Over 10% in After Hours Trading After Earnings Release to $43.25

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After releasing it earnings yesterday Tucows (TCX) share sank over 10% in after hours trading to $43.25.

Shares of Tucows closed at $48.40 share down $.20 after hitting an intraday high of $50.52 in trading yesterday.

As you can see from the one day chart above shares of Tucows were down to just above $40 a share in after hours trading before rallying back over $43.

We will see how the stock opens today.

Shares of Tucows were trading at $36.25 before the Enom announced acquisition which also included Enom’s 1/2 interest in the domain auction platform Namejet.com and reached a high of $51.55 last week on February 1st.

 

 

 

 

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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