Google Website-Registration Tests Hit Web.com Stock

By | June 24, 2014

Scalper1 News

Google’s invite-only test of a Web domain-registration service spurred an analyst on Tuesday to downgrade rival service Web.com to neutral. Web.com (WWWW) stock slumped more than 20% in midday trading in the stock market today, near a seven-month low of 27.50, while Google (GOOGL)stock was up 1.3%. Google (GOOG) Domains is an invite-only test where users can buy domain names, create branded email addresses and host Web content on Google’s servers. Scalper1 News

Scalper1 News