From NASDAQ.:

Investment advisor Starboard Value LP has written a letter to GoDaddy Inc. stating that the company is undervalued despite its profitability and growth potential. Starboard believes that GoDaddy should explore options such as a share repurchase program to address the undervaluation. They also plan to monitor the company’s upcoming earnings call to ensure at least 40 percent growth and profitability for fiscal year 2025. Currently, GoDaddy’s stock is slipping 0.56 percent to $108.39 on the New York Stock Exchange.



Read more: Starboard Suggests GoDaddy To Address Undervaluation