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June 24, 2014
12:41 EDTWWWWWeb.com sell-off seems overdone, says JPMorgan
JPMorgan says the 20% sell-off today in shares of Web.com (WWWW) looks overdone as Google (GOOG) is only launching a beta domain registry website at this time. The firm said earlier it viewed Google's new website as headline risk for the stock. JPMorgan has an Overweight rating on Web.com.
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