Wednesday, April 1, 2015

GoDaddy finally goes public — and live streams it on Periscope

Godaddy-ipo

GoDaddy may looks like a startup, but the company, at 18 years old, is a village elder among techies. That may explain why GoDaddy used Periscope during its long-awaited debut on the New York Stock Exchange.


Eighteen years after launching and nine years after its first failed attempt at a public offering, GoDaddy's stock began trading on Wednesday, opening at $26.15 per share, a gain of more than 30% from its IPO price.



The web-hosting service announced late Tuesday that it had priced its IPO at $20 a share, above its expected price range of $17 to $19, raising $460 million Read more...


More about Stocks, Godaddy, and Business



via Web News Blogs http://ift.tt/19F5UiO

No comments:

Post a Comment