GoDaddy: Terrible Value For A Commoditized Service With Limited Growth [Seeking Alpha]
Squarespace, Inc. Class A (SQSP)
Company Research
Source: Seeking Alpha
8min Summary Initiating GoDaddy at a sell rating, and recommending investors take profits after a sharp YTD rally on this stock. GoDaddy's growth rates are slowing to single digits, and its services are highly commoditized with intense competition from Wix, Squarespace, and Wordpress. Activist investor Starboard Value has also trimmed its position in GoDaddy after pushing for changes late last year. The stock's revenue multiple sits above most of its peers, and is overvalued for such minimal growth prospects. metamorworks With the stock market stretching continually toward new all-time highs, it has become more important than ever, in my view, to exercise careful stock-picking. In particular, we should take a close look at some of this year's biggest tech winners and determine if there is really any fundamental driver for them to continue their win streaks. GoDaddy ( NYSE: GDDY ), the website hosting service, has reached the end of its rope. The company began its win
Show less
Read more
Impact Snapshot
Event Time:
SQSP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SQSP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SQSP alerts
High impacting Squarespace, Inc. Class A news events
Weekly update
A roundup of the hottest topics
SQSP
News
- Permira completes Squarespace acquisition after upping bid to $7.2B [TechCrunch]TechCrunch
- Permira Completes Acquisition of Squarespace [Yahoo! Finance]Yahoo! Finance
- Squarespace, Inc. (NYSE: SQSP) had its "market perform" rating re-affirmed by analysts at William Blair.MarketBeat
- Permira Completes Tender Offer for Outstanding Shares of SquarespaceBusiness Wire
- Q2 Earnings Highs And Lows: GoDaddy (NYSE:GDDY) Vs The Rest Of The E-commerce Software Stocks [Yahoo! Finance]Yahoo! Finance
SQSP
Earnings
- 8/2/24 - Miss
SQSP
Sec Filings
- 10/17/24 - Form SC
- 10/17/24 - Form 4
- 10/17/24 - Form SC
- SQSP's page on the SEC website