NYSE:GDDYIT
GoDaddy (GDDY) Valuation Check After Earnings Match And Slower Guidance Trigger 8.1% Stock Drop
GoDaddy (GDDY) is back in focus after its latest earnings report matched revenue expectations but pointed to slower guidance for the next quarter. This prompted an 8.1% stock decline despite continued customer growth.
See our latest analysis for GoDaddy.
That 8.1% drop after earnings comes on top of a 27.4% year to date share price decline and a 53.1% fall in 1 year total shareholder return, even though the 3 year total shareholder return is positive at 13.7%. This suggests momentum has faded...