Market Recap 12-12-14
The broad markets were down today with the Dow down over 300 with oil stocks leading the sell off.
Rightside (NAME) slipped below $8 again and got as low as $7.86, the low on the stock is $7.84.
Web.com (WWWW) was off 1.62% on the day.
Marchex (MCXH) which was basically unchanged on the day off .01 was picked as a top pick for 2015 by Twin Leaf Management.
- The loss of its largest customer in September has crushed MCHX shares; down nearly 70% from its July peak.
- A depressed valuation, cash-rich balance sheet, share repurchases and a 2%+ dividend yield should limit downside from here.
- Plenty of upside when management demonstrates that the business, ex-Allstate, is adding customers and is returning to growth.
The full write up is on Seeking Alpha
|Minds + Machines||down 3.33%||MMX||London||Close 7.25p|
|Marchex||down 0.25%||MCHX||Nasdaq||Close $4.02|
|down 1.83%||GOOG||Nasdaq||Close $518.66|
|Web.com||down 1.62%||WWWW||Nasdaq||Close $17.65|
|Rightside||down 1.72%||Name||Nasdaq||Close $7.98|
|CentralNic||No trades||CNIC||London||Close 39.00p|
|Tucows||up 0.84%||TCX||Nasdaq||Close $17.92|
|Verisign||down 0.89%||VRSN||Nasdaq||Close $56.98|
|Neustar||down 0.39%||NSR||NYSE||Close $25.85|
|United Internet||down 0.91%||UTDI||German XETRA||Close 36.30€|
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