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November 30, 2012

Verisign shares drop 15% on contract change

Verisign stock nosedives on news of new contract without price increases. Shares of Verisign (NASDAQ: VRSN) are down 15% in early trading after the company announced that its contract to run .com had been renewed without price increases.

See the article here:
Verisign shares drop 15% on contract change