GoDaddy Inc. Cl a Stock Falls 16.7%, Underperforms Peers

Dow Jones08-01

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of GoDaddy Inc. Cl A plunged 16.7% to $82.74 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.7% to 7,489.72 and the Dow Jones Industrial Average rising 0.5% to 52,485.03.

This was the stock's second consecutive day of losses.

GoDaddy Inc. Cl A closed 49.9% below its 52-week high of $165.11, which the company reached on July 31st.

The stock underperformed when compared to some of its peers, as LivePerson Inc. fell 0.6% to $1.77, Marchex Inc. Cl B fell 2.3% to $1.72.

Trading volume totaled 6.7 million, compared to the 50-day average of 2.5 million.

Data source: Dow Jones Market Data, FactSet

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