Is GoDaddy (GDDY) Pricing Look Attractive After 52.7% One Year Share Price Decline
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If you are wondering whether GoDaddy stock is attractively priced or just a value trap, this breakdown will help you frame what the current share price might actually represent.
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The stock last closed at US$100.52, after a 3.1% decline over the past week, a 19.0% decline over the past month, and a 15.2% decline year to date. The 1 year return sits at a 52.7% decline, compared with gains of 20.7% over 3 years and 15.5% over 5 years.
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Recent share price moves come against a backdrop of ongoing interest in domain registration and web services providers, as investors reassess how much they are willing to pay for subscription…
