GoDaddy Looks To Restart IPO Engine After Bumpy Ride

By | March 19, 2015

Scalper1 News

GoDaddy plans to raise $396 million in an initial public offering that places a $3 billion valuation on the Web-hosting company. Known for its racy commercials staring Nascar race car drive Danica Patrick, GoDaddy provides domain-name registration and website-hosting services. It plans to offer 22 million shares at 17 to 19 per share. GoDaddy reported revenue of $1.39 billion in 2014, up 23%. It reported a net loss of $143 million, compared with a Scalper1 News

Scalper1 News