• Return to Headlines

Look for Shares of Godaddy Inc-A to Potentially Pullback after Yesterday's 15.31% Rise

By James Quinn

Godaddy Inc-A (NYSE:GDDY) traded in a range yesterday that spanned from a low of $68.89 to a high of $72.67. Yesterday, the shares gained 15.3%, which took the trading range above the 3-day high of $66.11 on volume of 2.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

In the past 52 weeks, Godaddy Inc-A share prices have been bracketed by a low of $56.66 and a high of $82.30 and are now at $71.82, 27% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has remained constant.

SmarTrend is tracking the current trend status for Godaddy Inc-A and will alert subscribers who have GDDY in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders godaddy inc-a

Ticker(s): GDDY