🔴 GoDaddy is trading 10.9% down today after conservative forward guidance clipped its AI-driven rally

GoDaddy is trading at $88.50 (10.9% down) after its July 30 earnings release and conservative forward guidance clipped a strong initial AI-driven rally.

• The company beat Q2 revenue and EPS estimates, highlighting 11% growth in Applications & Commerce and rapid monetization of its Airo AI platform.
• Management’s in-line Q3 and full-year 2026 outlook appears to be driving profit-taking and a sharp pullback despite the strong quarterly results.