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GoDaddy (GDDY) Catches Eye: Stock Jumps 6.4%

Zacks Equity Research

GoDaddy Inc. GDDY was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $41.92 –$68.53 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has seen a mixed track record when it comes to estimate revision of no increase and two decreases over the past few weeks, while the Zacks Consensus Estimate for the current quarter has remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

GoDaddy currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

GoDaddy Inc. Price

GoDaddy Inc. Price

GoDaddy Inc. price | GoDaddy Inc. Quote

Investors interested in the Internet - Delivery Services industry may consider Bitauto Holdings Limited BITA, which has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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