The U.S. government announced late Friday it would relinquish oversight of the Internet's domain-naming system to a non-government entity.
VeriSign Inc. (VRSN), which offers domain name registry services, gapped open sharply lower Monday and sank in early trade, before settling into a range. The stock closed down by 3.17 at $51.68 on the highest volume of the year. VeriSign closed testing the lower end of over a 1-month range, but fell below its 200-day moving average.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.