GoDaddy stock rallies 1.42% and outperforms competitors
Updated
Updated · MarketWatch · May 8
GoDaddy stock rallies 1.42% and outperforms competitors
12 articles · Updated · MarketWatch · May 8
The shares closed at $91.02 on Friday, marking a second straight daily gain as the S&P 500 rose 0.84% and the Dow added 0.02%.
GoDaddy beat peers including LivePerson, down 5.60% to $2.53, and Marchex Class B, down 1.25% to $1.58.
Despite the advance, the stock remains 52.22% below its 52-week high of $190.50 reached on 16 May, while trading volume of 2.1 million stayed below its 50-day average.
With its stock still down 50%, can GoDaddy’s big bet on AI truly reverse its fortunes?
GoDaddy is building a new web for AI agents. How will this change online commerce and trust?