Web.com Group Inc. (WWWW) reported second quarter non-GAAP net income of $0.12 per share after the bell Tuesday, down from $0.19 per share last year.
Web.com Group rose sharply in the first half hour of trade Wednesday, but was range-bound for the remainder of the session. Shares closed up by 1.22 at $4.56 on above average volume. The stock climbed to a 3-month high and also re-crossed its 50-day moving average.
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