GoDaddy Inc Class A
GDDY: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| W#N | LOCK|>tR | LOCK|GvCR$? |
Gen Digital Explores Takeover of Domain Registrar GoDaddy
On Sept. 24, the Financial Times reported that Gen Digital, a cybersecurity company, is in early discussions to acquire domain registrar GoDaddy. Following the report, GoDaddy's shares surged 11% but partly pulled back, while Gen Digital's fell as much as 12% over the day.
