Market Recap 3-11-15
Marchex (MCHX) and Web.com (WWWW) were up 4.6 and 3.5 percent on the day respectively. Web.com which managed to finish on the plus side yesterday with the Dow down over 300, continued to find gains on Wednesday.
Endurance Intl (EiGi) was down 5.6% on the day, the company completed an offering of securities. From the press release today:
Endurance International Group Holdings, Inc. (Nasdaq:EIGI), a leading provider of cloud-based platform solutions designed to help small and medium-sized businesses succeed online, today announced the completion of the previously announced sale of shares of its common stock by existing stockholders. In the offering, certain existing stockholders identified in the prospectus supplement relating to the offering sold 13,800,000 shares of common stock, including 1,800,000 shares sold upon the exercise in full of the underwriter’s option to purchase additional shares from the selling stockholders. Endurance will not receive any proceeds from the sale of shares of common stock by the selling stockholders.
Credit Suisse Securities (USA) LLC acted as the sole underwriter for the offering.
| Minds + Machines Group… | MMX | 7.88 | -0.12 (-1.56%) | |||||||
| Marchex, Inc. | MCHX | 4.29 | +0.19 (4.63%) | |||||||
| Web.com Group Inc | WWWW | 18.24 | +0.61 (3.46%) | |||||||
| Rightside Group Ltd | NAME | 7.62 | +0.09 (1.20%) | |||||||
| Centralnic Group PLC | CNIC | 34.00 | -1.00 (-2.86%) | |||||||
| Google Inc | GOOG | 551.18 | -3.83 (-0.69%) | |||||||
| Tucows Inc. (USA) | TCX | 19.17 | +0.11 (0.58%) | |||||||
| Verisign, Inc. | VRSN | 63.21 | +0.43 (0.68%) | |||||||
| Neustar Inc | NSR | 21.66 | -0.16 (-0.73%) | |||||||
| United Internet AG | UTDI | 41.00* | +0.86 (2.14%) | |||||||
| Endurance Intl. Group… | EIGI | 18.11 | -1.08 (-5.63%) |
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