Why Is GoDaddy Stock Falling on Friday?
GoDaddy Inc (NYSE: GDDY) stock is trading lower on Friday after the company reported Q2 results and updated its forward sales guidance.
GoDaddy shared its recent business results and what it expects to earn next, and the stock price went down. When a company's numbers disappoint or its future plans look weaker than hoped, investors often sell, which makes the price drop.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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