When a takeover report sends the would-be buyer's stock tumbling far harder than the target's rises, the market is saying something worth listening to about who really benefits from this deal.
GoDaddy Inc (NYSE:GDDY) shares jumped 11% on Thursday after the Financial Times reported that Gen Digital, the cybersecurity company behind Norton, had made a preliminary takeover offer. The report said the offer would give Gen Digital access to GoDaddy's customer base of more than 20 million small businesses, creators and entrepreneurs, expanding its reach beyond its existing security and privacy products.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
GoDaddy Inc. (GDDY) Presents at Citi's 2026 Global TMT Conference Transcript
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
GoDaddy, Vipshop, MakeMyTrip and QuinStreet have been highlighted in this Industry Outlook article.
The Zacks Internet - Delivery Services industry participants like GDDY, VIPS, MMYT and QNST are likely to benefit from increasing smartphone and Internet penetration.
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The transaction involved the execution of 4,500 shares at $83.15 per share on August 3, 2026, for a total value of $374,175. The disposition represents a 0.86% reduction in the insider's direct equity holdings.
GoDaddy Inc. (GDDY) Presents at Oppenheimer 29th Annual Technology, Internet & Communications Conference Transcript
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.