Why GoDaddy Stock Jumped Today

Domain name registration and web hosting provider (NYSE: GDDY) reported strong third-quarter results Thursday evening and boosted its full-year outlook. The stock was up about 3.7% at 12:20 P.M. ET Friday, according to data provided by S&P Global Market Intelligence.

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While GoDaddy's bread and butter are traditional online services like domain registration and website hosting, the company has been expanding its artificial intelligence (AI) offerings. GoDaddy's Airo platform is now focused on agentic AI, providing tools to help customers find domain names, design logos, build websites, and craft custom apps.

Source Fool.com