Tucows (TSX:TC)(NASDAQ:TCX) got a write up on Motley Fool by Joey Frenette. While calling the domain business "boring" Frenette mentioned that he liked Tucows to bounce back. The stock was down 5.2% today 52-wk high90.2152-wk low45.01 From the article: Consider Tucows (TSX:TC)(NASDAQ:TCX), a Canadian IT services and telecom company that’s a cash cow of a business with encouraging … [Read more...]
Verisign shares hit new high while Tucows is down 6.6%
Verisign shares hit a new high today, the high on the day was $121.61 before closing at $120.55. 120.55 +4.20 (3.61%) Range 116.23 - 121.61 52 week 81.58 - 121.61 Open 116.47 Vol / Avg. 2.32M/939,093.00 Mkt cap 11.76B P/E 32.74 Div/yield - EPS 3.68 Shares 97.59M Beta 0.92 Inst. … [Read more...]
Tucows Down Over 10% in After Hours Trading After Earnings Release to $43.25
After releasing it earnings yesterday Tucows (TCX) share sank over 10% in after hours trading to $43.25. Shares of Tucows closed at $48.40 share down $.20 after hitting an intraday high of $50.52 in trading yesterday. As you can see from the one day chart above shares of Tucows were down to just above $40 a share in after hours trading before rallying back over $43. We will see how the … [Read more...]
Rightside Sells Enom to Tucows For $76.7 Million Cash
Rightside Group, Ltd. (NAME), today announced that it has signed a definitive agreement for the sale of eNom to Tucows Inc. (TCX) for $83.5 million, less a net working capital adjustment of $6.8 million, resulting in net cash at closing of $76.7 million. eNom has approximately 14.5 million domains under management and generated approximately $116.5 million in revenue through Q3 2016, primarily … [Read more...]
A look at how domain stocks did in 2016, if you owned Tucows you were very happy
2016 was a great year for shareholders of Tucows and Neustar, for shareholders of Verisign, Marchex and Sedo parent United Internet ? Not so much. Tucows was the star for 2016 up 67% on the year. Neustar got acquired and the stock finished up close to 40%. Verisign saw their fortunes take a down turn in 2016, all the speculative hand regs based on Chinese whims did not materialize in 2016 … [Read more...]
Tucows Announces $40 Million Stock BuyBack Program & Is Up Over 8% To $20 A Share
Tucows Inc. (NASDAQ:TCX, TSX:TC) announced after the market closed yesterday "that its Board of Directors has approved a stock buyback program to repurchase from time to time up to $40 million of its common stock in the open market." "The new $40 million buyback program will commence February 10, 2016 and will terminate on or before February 9, 2017. " "The Company’s previous buyback … [Read more...]
Tucows Looking to buy up to $8million worth of shares in modified Dutch Auction
Tucows Commences Dutch Tender Offer Tucows announced today that it is commencing its "modified Dutch auction Tender Offer" (the "Tender Offer") to repurchase a number of its common stock not to exceed an aggregate purchase price of $8.0 million, as previously announced on November 12, 2014. The closing price of Tucows common stock on the NASDAQ on December 5, 2014 was $17.45. Under the Tender … [Read more...]