Wednesday, April 1, 2015

GoDaddy Surges In IPO

GoDaddy surged in its IPO Wednesday on the NYSE as GDDY, opening and closing at $26.15, above the $20 per share pricing for the company's stock set on Tuesday night. The domain name registration, hosting, and Internet services provider--which has major operations in Los Angeles at MediaTemple--traded as high as $26.84 during the day, and then settled back down to $26.15 at the close of the market.