GDDY Stock Recent News

For years, the tech sector has functioned as a de facto Wild West, an economic landscape thriving thanks to a clear lack of regulation. Even as industry leaders such as Mark Zuckerberg have advocated for stricter rules, until recently, few steps were taken to impose further regulatory measures.

In a strategic shift, Starboard Value has reduced its stake in GoDaddy Inc (NYSE: GDDY) by approximately 28% in the second quarter, according to a recent regulatory filing.  This decision comes after GoDaddy's stock surged over 50% since the beginning of 2024, leading the activist hedge fund to lock in profits.

TEMPE, Ariz. , Aug. 15, 2024 /PRNewswire/ -- GoDaddy Inc. (NYSE: GDDY) Chief Financial Officer Mark McCaffrey will participate in the Seaport Research Partners Annual Summer Investor Conference held virtually on Tuesday, August 20, 2024.

The tech-heavy Nasdaq Composite index has officially entered into correction territory, having fallen more than 10% from its record high set just a few weeks ago in July. Many high-flying tech stocks that saw massive rallies over the past two years have been hit the hardest in the recent market rout.

The best mutual funds have turned their backs on Nvidia and Microsoft. They got up and went to GoDaddy and these builders.

GoDaddy (GDDY) shares surged Friday, a day after the company raised its 2024 revenue guidance after the bell.

GoDaddy's (GDDY) second-quarter 2024 results reflect strong momentum across the Applications & Commerce business and an expanding global footprint.

In the fast-paced world of investing, it's rare to find low-cost growth stocks to buy and hold for the long term. Low-cost growth stocks are often found in sectors with high growth potential.

GoDaddy Inc. (NYSE:GDDY ) Q2 2024 Earnings Conference Call August 1, 2024 5:00 PM ET Company Participants Christie Masoner - Vice President, Investor Relations Aman Bhutani - Chief Executive Officer Mark McCaffrey - Chief Financial Officer Conference Call Participants Josh Beck - Raymond James Trevor Young - Barclays Jian Li - Evercore Elizabeth Porter - Morgan Stanley Vikram Kesavabhotla - Baird Willow Miller - William Blair Clarke Jeffries - Piper Sandler Ygal Arounian - Citi Chris Kuntarich - UBS Naved Khan - B. Riley Christie Masoner Welcome to GoDaddy's Second Quarter 2024 Earnings Call.

While the top- and bottom-line numbers for GoDaddy (GDDY) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.