Tempe, Arizona-based GoDaddy Inc. 
GDDY is an internet domain registrar and web hosting company that also sells e-business-related software and services. With a market cap of $23.4 billion, GoDaddy operates through the Applications and Commerce and Core Platform segments.
The internet giant has substantially outperformed the broader market over the past year. Over the past 52 weeks, GDDY stock has returned an impressive 133%, outpacing the S&P 500 Index’s ($SPX) 28.1% returns. In 2024, GDDY is up 53.5% compared to SPX’s 17.3% gains on a YTD basis.
Narrowing the focus, GDDY also outperformed the DJ Internet Index ETF FT’s 
FDN 26% returns over the past 52 weeks and 8.1% gains on a YTD basis.
Shares of GoDaddy jumped a massive 7% following the release of its Q2 earnings on Aug. 1. The…
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