28 Nov '14, 3pm

Domain Name Stocks walloped so far in 2014

Most publicly traded domain name companies have had their stocks hit hard in 2014. The broader markets are up big time this year, but there’s not much cheer at domain name companies that are publicly listed. With about a month left in the year, some publicly traded domain name companies will need a healthy rebound to end the year where they started. In fact, I count only two companies that are up this year, compared to 6 that are down (big time). Here’s a look at the winners and losers in the stock market this year, as of the close of trading Wednesday. Winners Tucows (NADSAQ: TCX) shares started trading on the NASDAQ this year, and its stock has risen 26% from $13.95 to $17.63. Revenue growth has been driven mainly by the company’s Ting mobile phone offering. Verisign (NASDAQ: VRSN) was essentially flat, opening the year at $59.74 and closing before Thanksgiving at $60.07...

Full article: http://domainnamewire.com/2014/11/28/domain-name-stocks-w...

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