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GoDaddy Pulls Back Off Record High But Remains Firmly Positive

Shares of GoDaddy (GDDY) have pulled back well off their best levels of the day but continue to see significant strength in afternoon trading on Wednesday. After reaching a record intraday high, GoDaddy is currently up by 3 percent.

The initial jump by GoDaddy came after the web hosting company reported better than expected second quarter earnings and revenues.

by RTT Staff Writer

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KMG Chemicals Inc. (KMG) is likely to beat earnings per share or EPS estimates, when it reports first quarter results on December 11, after the bell. First quarter results of KMG are expected to benefit from the impact of Irma and Harvey, and early October fires in the West. Sysco Corp. is looking ahead to own 50 fully electric semi tracks to be launched by Tesla. The new electric tractors could run 500 miles on a single charging. The order from the food service distribution giant that owns more than 7000 trucks is worth up to $10 million. Patreon, the crowdfunding platform for artists, announced Wednesday a change in its payment structure that it says will help creators keep more money. Meanwhile, many are concerned that the change may discourage their patrons from pledging.
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