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Market Recap 11-21-14 Web.com Up Almost 5% – Rightside Hits New Low Down 1.65%

November 21, 2014 by Raymond Hackney

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
Google  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 €

Disclaimer – Any stock price and market data provided on our website is for informational purposes only, and should not be relied upon for trading purposes. Historical and current stock price performance data is not necessarily indicative of future performance.

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Filed Under: Market Recap

About Raymond Hackney

Raymond Hackney has been involved with domain names since 1997. One of the most prolific writers in the domain industry and founder of TLDinvestors.com and 3Character.com

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