Shares of Web.com (WEB) rose over 13% after hours as Reuters.com reported the company "is in talks with private equity firms after receiving takeover approaches." The story went on to say "The buyout interest in Web.com comes as its sector has become increasingly crowded, with companies such as Wix.com Ltd, Weebly Inc and Squarespace seeking to gain market share from established players such as … [Read more...]
Shares of Godaddy Hit An All Time High
Shares of Godaddy (GDDY) hit an all time high today of $40.37 before closing at $40.29 which I also believe is an all time high closing price for shares of Godaddy. Shares were up over 3% at $1.23 and are up slightly after hours. I didn't see any news today on the company. Godaddy has a market cap based on the closing price of 6.77 Billion … [Read more...]