Domain name stocks haven’t been immune to the market rout.
It’s been a rough week in the stock market, especially yesterday and today. The NASDAQ shed 4.7% in the past two days.
There aren’t that many publicly traded domain companies anymore on the big exchanges, but here’s a look at how the remaining ones fared over the past two days:
Endurance International Group (NASDAQ:EIGI) -0.9%
GoDaddy (NYSE:GDDY) -3.9%
Tucows (NASDAQ:TCX) -3.9%
Verisign (NASDAQ:VRSN) -5.7%
Overall, the domain stocks did better than the markets as a whole. It’s worth noting that GoDaddy, Tucows and Verisign have had significant gains over the past couple of years.
Web.com officially went private this week. What timing!