Market Recap 3-12-15
Market bounced back today with the Dow up close to 1.5%, the domain stocks had a pretty quiet day.
Neustar (NSR) was up 3.8% on the day and closed at $22.49. The company came out today and alleged that the FCC withheld information regarding the Telcordia recommendation. This is a very big deal as the LNP (Local Number Portability) contract represents half of Neustar’s revenue. The final recommendation will be made March 26. Short sellers have been betting that Neustar would lose this contract which they have held for over two decades.
NeuStar Inc. has accused the Federal Communications Commission of withholding critical documents regarding a staff recommendation earlier this month to award a lucrative contract to NeuStar’s rival.
The company claims it “sought this very information and was led to believe it did not exist,” according to an filing made with the FCC Thursday by NeuStar’s legal counsel.
Endurance Intl. (EiGi) bounced back after being down 5.6% yesterday, the stock closed up 2.3%
|Minds + Machines Group…||MMX||7.65||-0.22 (-2.86%)|
|Marchex, Inc.||MCHX||4.16||-0.13 (-3.03%)|
|Web.com Group Inc||WWWW||18.08||-0.16 (-0.88%)|
|Rightside Group Ltd||NAME||7.62||0.00 (0.00%)|
|Centralnic Group PLC||CNIC||34.00||-1.00 (-2.86%)|
|Google Inc||GOOG||555.51||+4.33 (0.79%)|
|Tucows Inc. (USA)||TCX||19.28||+0.11 (0.57%)|
|Verisign, Inc.||VRSN||63.81||+0.60 (0.95%)|
|Neustar Inc||NSR||22.49||+0.83 (3.83%)|
|United Internet AG||UTDI||41.12*||+0.12 (0.28%)|
|Endurance Intl. Group…||EIGI||18.54||+0.43 (2.37%)|
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