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Market Recap 1-30-15 Google up 4.6 % – Endurance International Drops 6%

January 30, 2015 by Raymond Hackney

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%)

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

Comments

  1. JJ says

    January 31, 2015 at 3:55 am

    I purchased some right side at around $6.50 – $6.55 not sure what to do with it after this run up.

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