Securities lawsuit alleges .com promo conflicted with the company's public statements about targeting high-spending customers. A GoDaddy (NYSE: GDDY) stockholder has filed a securities lawsuit against the company, alleging the company misled ... Continue Reading1 Comment
GoDaddy customer must pay $652k after suing over domain suspension
· Domain RegistrarsCourt grants GoDaddy's motion for attorneys' fees; domain registrant files appeal. A GoDaddy customer has been ordered to pay $652k to the domain registrar after losing a lawsuit against it. Leo India Films Limited registered einthusan .tv, a ... Continue Reading1 Comment
GoDaddy reports earnings, slower big aftermarket transactions
· Domain RegistrarsCompany's aftermarket revenue up just slightly, blames lack of big transactions it had a year ago. GoDaddy (NYSE: GDDY) released Q1 earnings Thursday afternoon. Total revenue was $1.3 billion, up 6% year over year. Bookings were $1.5 billion, up ... Continue ReadingLeave a Comment
AI disruption questions hang over GoDaddy’s future
· Domain RegistrarsShares are off over 60% in the past 12 months as investors worry about AI's impact. It's been a rough day for GoDaddy (NYSE: GDDY). It's also been a rough 12 months. The stock is down about 12% today as I write this. Shares are down by more than 60% ... Continue Reading2 Comments
GoDaddy stock falls below $100 threshold
· Domain RegistrarsStock dips below psychological threshold as tech stocks fall. Shares of domain name registrar and website company GoDaddy (NYSE: GDDY) fell below $100 today, to roughly $99.75. A drop of about 3.5% as of 12:25 pm ET today is part of an overall ... Continue Reading2 Comments
Domain aftermarket revenue surges 28% at GoDaddy
· Domain RegistrarsGoDaddy tops guidance with massive growth in aftermarket domain revenue. GoDaddy (NYSE: GDDY) published third-quarter earnings after the market closed this afternoon. Growth in aftermarket domain name revenue surged 28%, helping the company top ... Continue ReadingLeave a Comment
About 15% of domains in latest GoDaddy auction have bids
· Domain SalesGoDaddy's no-hidden-reserve format offers insight into investor valuations. One of the advantages of an auction without hidden reserves is that you can get a good sense of the investor market value for each domain. It's a "wisdom of the crowds" ... Continue ReadingLeave a Comment
GoDaddy patent targets spam-induced domain search overload
· Domain RegistrarsA newly issued patent aims to mitigate "resource starvation" resulting from bulk domain availability queries. Domain registrar GoDaddy (NYSE: GDDY) has secured a patent designed to address spam-induced resource depletion caused by excessive bulk ... Continue ReadingLeave a Comment
GoDaddy stock plummets after earnings report
· Domain RegistrarsIt was a bad day for GoDaddy shareholders. Shares in GoDaddy (NYSE: GDDY) fell over 14% today after the company released earnings after the market closed yesterday. The company reported Q4 revenue of $1.19 billion, which was above its guidance ... Continue Reading2 Comments
Afternic reveals Dan.com migration timeline and eventual shutdown
· ServicesDan.com will soon migrate accounts to Afternic before shutting down. Afternic representatives have been open about Dan.com eventually shutting down. Today, the company published a timeline and migration plans. As of today, new clients can't sign ... Continue Reading11 Comments
