Market Recap 11-28-14
Rightside (NAME) Hit a new low today of $8.01 and closed down 7.10% at $8.11. The high on the stock which was spun off by Demand Media is $17. There was a post on Seeking Alpha back in September with the stock at $11.85 where the author said there was a 37% downside risk, we are almost there.
Tucows (TCX) Hit a new high of $18.10 before closing at $17.74.
| Minds + Machines | down 0.94% | MMX | London | Close 9.04p |
| Marchex | down 2.02% | MCHX | Nasdaq | Close $3.63 |
| up 0.27% | GOOG | Nasdaq | Close $541.83 | |
| Web.com | down 2.25% | WWWW | Nasdaq | Close $16.97 |
| Rightside | down 7.10% | Name | Nasdaq | Close $8.11 |
| CentralNic | unchanged | CNIC | London | Close 37.00p |
| Tucows | up 0.62% | TCX | Nasdaq | Close $17.74 |
| Verisign | up 0.05% | VRSN | Nasdaq | Close $60.10 |
| Neustar | down 0.66% | NSR | NYSE | Close $27.25 |
| United Internet | down 0.23% | UTDI | German XETRA | Close 35.42 € |
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Is that really a surprise on Rightside ? name.com since demand media bought them has gone downhill. unless you get a lot of noobs drinking the Kool-Aid on new GTLDs how valuable is this company ? thanks for the link to that article I agree with the guy the registrar business is worth nothing no margin business that they’re not even positive with.
I thought it was a good write up, we all know there are not great margins in the registration of domains. You need upsells and aftermarket activity.