Victory Capital Management and the Swiss National Bank have both sold shares of VeriSign, Inc. (VRSN), however, the company's stake was also increased by National Bank of Canada FI. Performance reports highlight that VeriSign's Q4 and Q1 earnings have exceeded estimates with revenues on an uptrend, although its stock underperformed compared to the market on certain days. The company experienced a growth of 2.5% and 2.4% in Q4 and Q3 domain name registrations respectively. Despite having a slow Q1, the company's strategic SWOT Insights are positive. On the contrary, Verisign also experienced dips in stock when the market gained and China's action led to a decrease in Verisign's domain base in Q4. The company's stock also reached a new 12-month low. The first quarter of 2024 saw the retirement of its COO and an upped .com price to $10.26, amidst reports of solid financial growth.
Verisign VRSN News Analytics from Fri, 08 Sep 2023 07:00:00 GMT to Fri, 10 May 2024 12:07:57 GMT -
Rating 4
- Innovation 2
- Information 7
- Rumor -3
