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Verisign Drops 18% As DOJ Looks Into Pricing Terms

Verisign, Inc. (NASDAQ:VRSN), reported earnings today, .com/.net adds of 1.4M were inline with public sources, as search algorithm changes and macro incrementally pressured domain name activity. Revenue was $223.5M and the company controlled overall spending, driving EPS of $0.50 vs. street estimates of $0.49. […]