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Here's Why GoDaddy Stock Is Getting Pummeled Today

TheMotleyFool

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Just when it seems like its stock can't possibly sink any more than it already has, GoDaddy (NYSE: GDDY) finds a way. As of 11:42 a.m. ET today, shares of the website-host and domain registrar are down another 15.9%, dragging them to a two-year low that's 65% below their early 2025 peak.

Blame earnings... sort of. While its reported fiscal Q4 numbers topped analysts' estimates, revenue guidance for the quarter now underway was disappointing.

In some ways, however, today's sizable stumble could also mark the stock's long-awaited bottom.

Source Fool.com