Market Recap 2/5/16
Godaddy (GDDY) had another rough day today, down close to 10%, the overall markets were down but nowhere near where Godaddy and some of their peers ended.
Neustar (NSR) finished down more than Godaddy, falling 10.34% on the day.
Robert W. Baird lowered their price target on the stock from $33.00 to $30.00, Analyst Ratings Network.com reports. Robert W. Baird currently has a neutral rating on the stock. Neustar traded as low as $21.69 and last traded at $22.26, with a volume of 1,168,937 shares traded. The stock had previously closed at $24.56.
The company reported earnings on Thursday, they reported Q4 EPS of $1.46, $0.21 better than the analyst estimate of $1.25. Revenue for the quarter came in at $280.2 million versus the consensus estimate of $276.2 million. Neustar reaffirmed FY2016 guidance.
Web.com (WWWW) finished off over 7% on the day on average daily volume.
Alphabet Inc GOOGL 703.76 -26.27 (-3.60%)
Godaddy Inc GDDY 25.86 -2.63 (-9.23%)
Rightside Group Ltd NAME 8.37 -0.15 (-1.76%)
Minds + Machines Group…
MMX
8.50 P
+0.75 (9.68%)
Centralnic Group PLC
CNIC
50.80 P
-0.20 (-0.39%)
Verisign, Inc. VRSN 75.67 -1.34 (-1.74%)
Neustar Inc NSR 22.02 -2.54 (-10.34%)
Tucows Inc. (USA) TCX 20.06 -0.41 (-2.00%)
Endurance Intl. Group… EIGI 8.45 -0.33 (-3.76%)
United Internet AG UTDI 44.49* -0.89 (-1.96%)
Web.com Group Inc WEB 16.92 -1.30 (-7.14%)
Melbourne IT Limited MLB 2.09* -0.08 (-3.69%)
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The writer of this article has no positions in the stocks mentioned. Staff of TheDomains.com may take positions long or short in the above mentioned companies.
*P denotes Pence
