Growing demand for web hosting has led GoDaddy’s share price to rise by 20.2 percent over the past month and the company’s stock is currently trading at $82.29 at the time of writing.
As we reported back in April, the global appetite for website building has reached new highs during the pandemic as people around the world look for smarter ways to start their own businesses during this time of economic upheaval.
Earlier this month, GoDaddy reported its financial results for the second quarter revealing that the company has now surpassed 20m paying customers after adding more than 400,000 new customers during Q2 of this year.
In a press release announcing its second quarter earnings results, GoDaddy CEO Aman Bhutani provided further insight on the company’s success this year, saying:
“Q2…
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