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Daily Sales Recap 3-4-15 Neustar off as much as 19% closes down 11.4%

March 4, 2015 by Raymond Hackney

Market Recap 3-4-15

Neustar (NSR) was down big today, over 11% and was down a lot more earlier in the day. The stock closed at $22.25 but traded as low as $20.32 on the news that the FCC has recommended that Telcordia receive the contract for a telephone numbers management deal.

Neustar, Inc. (NYSE: NSR) shares were slammed Wednesday. According to Bloomberg, Neustar is set to lose a telephone-numbers management contract under a recommendation by the FCC bureau. The Wireline Competition Bureau recommends the FCC vote for awarding the contract to Telcordia, a unit of Ericsson (NASDAQ: ERIC), said the news agency, citing a fact sheet sent via email.

Neustar issued a statement which can be read here

Rightside (NAME) was up 2.3% on the day at $7.43.

Minds + Machines Group… MMX 8.25 0.00 (0.00%)
Marchex, Inc. MCHX 4.14 +0.05 (1.22%)
Web.com Group Inc WWWW 17.32 -0.25 (-1.42%)
Rightside Group Ltd NAME 7.43 +0.17 (2.34%)
Centralnic Group PLC CNIC 34.00 -1.00 (-2.86%)
Google Inc GOOG 573.37 -0.27 (-0.05%)
Tucows Inc. (USA) TCX 18.93 +0.05 (0.26%)
Verisign, Inc. VRSN 63.70 -0.26 (-0.41%)
Neustar Inc NSR 22.25 -2.88 (-11.46%)
United Internet AG UTDI 39.78* -0.07 (-0.18%)
Endurance Intl. Group… EIGI 19.39 +0.22 (1.15%)

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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