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Stock Market & Financial Investment News

News Breaks
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.
News For WWWW From The Last 14 Days
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December 18, 2014
06:44 EDTWWWWWeb.com called a top small cap pick for 2015 at Piper Jaffray
Piper Jaffray names Web.com a top small cap pick for 2015 saying it believes the company will end two consecutive quarters of disappointments when reporting December quarter results. Piper has an Overweight rating on the stock with a $25 price target.
December 9, 2014
10:39 EDTWWWWWeb.com holder Okumus reports 14.8% stake, changes stance to active
Okumus Fund Management reported a 14.8% stake in Web.com and changed its filing designation to active. Okumus stated in its filing that it may in the future continue to engage in communications with management and the board of the company, engage in discussions with shareholders of Web.com and others about the company, make other proposals to the company concerning changes to the capitalization, ownership structure, board structure or composition or operations of Web.com. Okumus previously identified itself as a passive stakeholder.

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