Market Recap 2/10/16 Tucows (TCX) was the top performer on the day, after announcing a $40 million stock buyback the stock closed up 8.2%. Verisign (VRSN) was up over 1% today, earnings are out tomorrow. Alphabet Inc GOOGL 706.85 +5.83 (0.83%) Godaddy Inc GDDY 24.71 +0.02 (0.08%) Rightside Group Ltd NAME 8.37 +0.11 … [Read more...]
Tucows Announces $40 Million Stock BuyBack Program & Is Up Over 8% To $20 A Share
Tucows Inc. (NASDAQ:TCX, TSX:TC) announced after the market closed yesterday "that its Board of Directors has approved a stock buyback program to repurchase from time to time up to $40 million of its common stock in the open market." "The new $40 million buyback program will commence February 10, 2016 and will terminate on or before February 9, 2017. " "The Company’s previous buyback … [Read more...]
Market Recap 2/9/16 Godaddy down close to 5% – Verisign up 1.1%
Market Recap 2/9/16 Godaddy (GDDY) had another rough day down close to 5%. The stock was as low as $23.88. Uptick Analyst published where analysts stand on the stock currently. Sell-side analysts on Wall Street covering shares of Godaddy Inc (NYSE:GDDY) have handed the stock a one year target price of $35.555. This is the average number according to the 9 brokerage firms weighing in on the … [Read more...]
Market Recap 2/8/16 Verisign down 5% – Sedo’s Parent off 7.4%
Market Recap 2/8/16 Another down day in the markets overall, Godaddy (GDDY) managed to finish up .14 after being down over 15% the previous two trading days. Verisign (VRSN) was down over 5% today, the stock traded as low as $70.84 before closing at $71.77. Earnings are due out this week. United Internet (UTDI) The parent company of Sedo was the big loser today down over … [Read more...]
Market Recap 2/5/16 Domain Stocks Get Whacked
Market Recap 2/5/16 Godaddy (GDDY) had another rough day today, down close to 10%, the overall markets were down but nowhere near where Godaddy and some of their peers ended. Neustar (NSR) finished down more than Godaddy, falling 10.34% on the day. Robert W. Baird lowered their price target on the stock from $33.00 to $30.00, Analyst Ratings Network.com reports. Robert W. Baird currently … [Read more...]
Market Recap – Godaddy shares off 5.88%
Market recap for 2/4/16 Godaddy (GDDY) was down 5.88% on the day and was by far the worst performer of the group we track. There was a report on SeekingAlpha.com on Feb 2 about whether the stock was a go or a no go. Rightside (NAME) was dpwm 1.62% on the day and traded as low as $8.40. The short interest decreased substantially in January according to Daily Political. Rightside Group Ltd … [Read more...]
Alphabet Reports Strong Earnings up $40 in After Hours Trading
Alphabet Inc. (Nasdaq: GOOGL) the parent company of Google reported earnings after the bell today. The company has become the most valuable publicly traded company in the world. The stock is over $800 for the first time ever in after hours trading. $8.67 per share, vs expected EPS of $8.10 MOUNTAIN VIEW, Calif. – February 1, 2016 – Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial … [Read more...]