Market Recap 2/18/16 Endurance Intl (EIGI) went on a ride today, trading as low as $8 and then closing at $10.28, up close to 10%. The company said they were buying Constant…
Category: Publicly Traded Domain Co
Market Recap 2/17/16 GoDaddy up over 7% reports earnings
Market Recap 2/17/16 Go Daddy (GDDY) was up over $2 today or 7%, they received a buy recommendation from Deutsche Bank and reported earnings after the close. Fourth Quarter Financial Highlights Revenue…
Market Recap 2/16/16 Go Daddy up close to 9% day before earnings report
Market Recap 2/16/16 Go Daddy (GDDY) up close to 9% the day before they release earnings. The company received an outperform rating from RBC Capital today. Web.com (WWWW) the parent company of…
Market Recap 2/12/16 Web.com up over 10% – Verisign up close to 4%
Market Recap 2/12/16 Web.com (WWWW) was up over 10% today, the company posted earnings last night (Non-GAAP EPS were $0.66, three cents above estimates) and received several upgrades today. Verisign (VRSN) was…
Rightside Establishes Wholly Foreign-Owned Enterprise in China & Plans To Be Licensed in 2016
Rightside (NAME) announced today its expanded operations in China by establishing a Wholly Foreign-Owned Enterprise (WFOE). Rightside says that there are almost 90,000 domains registered in the their portfolio of 39 new…
Web.com Buying Local Ad Co. Yodle for $342M Which Is About 40% of Its Market Cap
Web.com (NASDAQ:WEB) announced today it’s acquiring Yodle, a provider of local online ad/marketing services for 50K+ small businesses, for $300M in cash up-front + payments of $20M and $22M at the first…
Market Recap 2/11/16 Verisign Reports Earnings Down in After Hours
Market Recap 2/11/16 Verisign (VRSN) reported earnings after the close, the stock was up on the day but is down in after hours. VeriSign, Inc. and subsidiaries (“Verisign”) reported revenue of $273…