Market Recap 11-21-14
Web.com (WWWW) up 4.71 % on the day, talk of a $4.5 billion IPO for Go Daddy yesterday and it seems Web.com got a bit of a boost on that talk. InvestorPlace.com mentioned: While all of this is good, the GoDaddy IPO may not necessarily be a winner. Perhaps the biggest problem is the fierce competition. Consider that recently Google Inc (GOOG) began the testing of its own domain registration service. Because of this, the industry got a big jolt, as seen with the performance of Web.com Group Inc (WWWW) and Demand Media Inc (DMD). Since June, both stocks have lost about half their value.
Rightside (NAME) made another new low at $8.30 and closed at $8.37 down 1.65%.
|Minds + Machines||up 1.33%||MMX||London||Close 9.50p|
|Marchex||down 2.47%||MCHX||Nasdaq||Close $3.55|
|up 0.46%||GOOG||Nasdaq||Close $537.27|
|Web.com||up 4.71%||WWWW||Nasdaq||Close $17.77|
|Rightside||down 1.65%||Name||Nasdaq||Close $8.37|
|CentralNic||no trades||CNIC||London||Close 43.00p|
|Tucows||down 0.46%||TCX||Nasdaq||Close $17.34|
|Verisign||up 0.28%||VRSN||Nasdaq||Close $59.90|
|Neustar||up 0.52%||NSR||NYSE||Close $27.25|
|United Internet||up 0.26%||UTDI||German XETRA||Close 35.08 €|
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