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%) |
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