Reglikedomain industry desk

Down 40% In 3 Months — Marchex Shares

Marchex gets smacked around in the stock market.

The stock market isn’t showing any love to Marchex, one of the world’s largest holders of domain names.

Shares closed today at just $6.38, down nearly 40% from their $10.57 opening price on August 15.

This is despite the firm topping both earnings and revenue estimates for the third quarter in earnings released November 2.

The firm is focusing heavily on its pay-per-call services.

Here’s how some other firms tied to the domain name industry have done during the same period:

Tucows (TCX) is up 6% to $.75
Demand Media (DMD) is down 24% to $6.99
Web.com (WWWW), which recently closes its buyout of Network Solutions, is virtually unchanged at $10.57.

Also on the wire

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