Shares of GoDaddy jumped more than 8% on Monday after Wall Street learned that Starboard Value had taken a 6.5% stake in the web services company. According to a Wall Street Journal report, a regulatory filing had revealed that activist investor Starboard Value purchased more than 10,000 shares of GoDaddy, worth about $800 million. The … Continue reading “GoDaddy Shares Move Higher After Starboard Value Takes Stake in the Company”
