SEO, Buying, Selling and Developing Domains
Company offers to buy up to 6.5 million shares of its stock. Tucows, which owns the world’s third largest domain name registrar, announced a Dutch auction tender offer to repurchase up to 6,500,000 shares of its common stock.
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Tucows resumes stock buybacks, up to 12.2% of outstanding shares
Marchex gets smacked around in the stock market.
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Marchex Shares Down 40% In 3 Months
With one week to go, Demand Media shares hit fresh lows. Next week ends a 180 day lock up period in which many Demand Media option holders can finally sell their shares in the company. Unfortunately for them, shares are now trading at only $11.
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More here:
With Lock Up Period Ending, Demand Media Shares Hover at $11
Shares of domain name companies hardly budge. In the grand scheme of things the introduction of new TLDs is trivial. But to domain name companies it’s a big deal. Apparently investors in some of the companies that may be affected either don’t understand it or had already priced approval into the stock prices
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The rest is here:
Stock Market Doesn’t React to New TLD Approval
Market happy with results at two domain name companies. Two publicly traded domain name companies have seen a nice bounce in their stock prices after reporting earnings. Tucows reported net income of 3 cents per share for the fourth quarter of 2009 on February 16 after the market closed. It also reported $2.88 million of cashflow from operations.
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Tucows and Marchex See Shares Bounce on Earnings
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