Why GoDaddy Stock Jumped Friday

Shares of GoDaddy (NYSE: GDDY), a domain name registrar and provider of online tools, jumped on Friday. The stock rose as much as 10.8% and was up 9.4% as of 11:50 a.m. EST today.

The tech stock's gain follows GoDaddy's strong fourth-quarter results, which included revenue and earnings per share that topped consensus analyst forecasts.

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Source Fool.com