GoDaddy Stock Surges 57.7% YTD: Will the Bull Run Continue?
GDDYGoDaddy(GDDY) ZACKS·2024-09-04 00:32

GoDaddy‘s (GDDY) shares have outperformed the Zacks Computer & Technology sector as well as its peers Shopify (SHOP) , BigCommerce (BIGC) and Alphabet (GOOGL) on a year-to-date (YTD) basis.While GDDY’s shares have returned 57.7%, Alphabet increased 16.9%. Shopify and BIGC registered declines of 4.9% and 39.8%, respectively, year to date. The broader sector has appreciated 20.7% over the same timeframe.GoDaddy’s robust stock price performance has been driven by its better-than-expected financial results and ...