lron avatar@lron8dNewfold Digital sold off Markmonitor to go in all in on BlueHost brand. Does this feel like a huge mistake to anyone else? BlueHost has been a brand in decline for years. Newfold Digital has sold its domain registrar Markmonitor to Com Laude for approximately $450 million. This strategic move allows Newfold to focus on its web hosting services, particularly Bluehost and Network Solutions. Com Laude, a London-based company, aims to expand its expertise in domain protection and online brand security with the acquisition.
lron avatar@lron8dGoDaddy shares Hits New 12-Month Low - Crazy to see such a fall off in a bull market.GoDaddy (NYSE:GDDY) shares hit a new 52-week low of $121.30, closing at $120.5570. Analysts have mixed ratings, with Cantor Fitzgerald maintaining a 'neutral' stance and Morgan Stanley setting a $159.00 price target. The company reported a 10.3% increase in quarterly revenue and a net margin of 17.01%.
