Reglikedomain industry desk

Stock Market Doesn’t React to Fresh TLD Approval

Shares of domain name firms hardly budge.

In the grand scheme of things the introduction of fresh TLDs is trivial. But to domain name firms it’s a big deal.

Apparently investors in some of the firms that may be affected either don’t understand it or had by now priced approval into the stock prices.

Shares of Top Level Domain Holding, a pure-play fresh TLD firm, are down regarding 4% as of right now. Granted, the firm had by now told shareholders to expect the approval. Perhaps the timeline has shareholders miffed, or the volume is just too modest to matter.

Shares of Web.com, which owns Register.com, are off over 1% shortly following opening this morning. Domain registries Neustar and VeriSign are basically flat, as is domain name registrar Tucows.

Also on the wire

Other reporting from the domain desk.

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