Market Recap 1-30-15
Google (GOOG) was up 4.6% after reporting earnings Thursday night that missed the mark. Ken Odeluga, a senior market analyst at www.cityindex.com.sg, expected sentiment on Google to remain poor. He noted that the search giant posted its slowest pace of growth in five years at 18.9% growth in annual revenue. Also Google’s paid clicks slumped to 14%, their lowest rate in five years and missing the expectation of 17%.
Nomura upped their price target on Google to $625. Read more on Value Walk
Web.com (WWWW) bounced back a bit up 2.4% on the day, the stock finished the week down 10.5%
Marchex (MCHX) was down 4.75% on Friday and closed at $3.81.
Enduarance International (EiGi) was down over 6% on the day. According to Sleek Money,
Oppenheimer assumed coverage on shares of Endurance International Group Hldgs (NASDAQ:EIGI) in a report issued on Friday. The firm issued a market perform rating and a $20.00 target price on the stock.
Separately, analysts at Zacks downgraded shares of Endurance International Group Hldgs from an outperform rating to a neutral rating and set a $20.00 price target on the stock in a research note on Tuesday, January 6th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average target price of $18.80.
Minds + Machines Group… | MMX | 8.52 | -0.23 (-2.57%) | |||||||
Marchex, Inc. | MCHX | 3.81 | -0.19 (-4.75%) | |||||||
Web.com Group Inc | WWWW | 15.11 | +0.36 (2.44%) | |||||||
Rightside Group Ltd | NAME | 7.90 | -0.22 (-2.71%) | |||||||
Centralnic Group PLC | CNIC | 41.00 | -1.00 (-2.38%) | |||||||
Google Inc | GOOG | 534.52 | +23.86 (4.67%) | |||||||
Tucows Inc. (USA) | TCX | 17.58 | -0.15 (-0.85%) | |||||||
Verisign, Inc. | VRSN | 54.48 | -0.21 (-0.38%) | |||||||
Neustar Inc | NSR | 26.29 | -0.35 (-1.31%) | |||||||
United Internet AG | UTDI | 38.47* | -0.25 (-0.65%) | |||||||
Endurance Intl. Group… | EIGI | 16.81 | -1.11 (-6.19%) |
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I purchased some right side at around $6.50 – $6.55 not sure what to do with it after this run up.