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Verisign Downgraded By Zacks Partially Based on the New gTLD Program
FRIDAY,12 JUNE 2015 The Domains
According to the news from Domain Forum of China on June 12th,Zacks, a publication that tracks the stock market and covers many public companies has downgraded shares of Verisign to a sell, partially based on the new gTLD program.

“”We believe that gTLD prospects, international expansion through IDNs and investments in intellectual properties will boost results over the long run.

“The negative impact of search engine adjustments on domain monetization and increasing operating expenses related to marketing remain the primary headwinds in the near term. ”

“Verisign (NASDAQ:VRSN) closed at $63.10 today up .29

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