Technology Crossover Ventures Reports 21.2% Passive Stake In GoDaddy

Loading...
Loading...
Shares of
Godaddy IncGDDY
were trading lower by more than 2 percent on Thursday despite the fact that a major shareholder reported a large stake in the company. Robert W. Trudeau's Technology Crossover Management
reported a 21.2 percent passive stake in Godaddy. Technology Crossover Management is a provider of growth capital to technology companies. The fund
entered into a partnership
with Godaddy in 2011 along with KKR and Silver Lake. Shares of Godaddy have lost nearly 25 percent of its value since the start of 2016.
Posted In: Hedge FundsGeneralGoDaddyRobert W. TrudeauTechnology Crossover Management
We simplify the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...