{"id":80311,"date":"2021-12-28T00:18:55","date_gmt":"2021-12-28T05:18:55","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=80311"},"modified":"2021-12-27T23:40:57","modified_gmt":"2021-12-28T04:40:57","slug":"starboard-value-builds-6-5-stake-in-godaddy-sending-shares-up-8","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2021\/starboard-value-builds-6-5-stake-in-godaddy-sending-shares-up-8.html","title":{"rendered":"Hedge Fund Starboard Value builds 6.5% stake in GoDaddy, sending shares up 8%"},"content":{"rendered":"\n<p>(CNBC) Activist investor Starboard Value has taken a 6.5% stake in <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/GDDY\" target=\"_blank\">GoDaddy<\/a>, sparking a rally in stock of the web services company. The hedge fund bought more than 10,000 shares of GoDaddy, worth about $800 million, according to a regulatory filing. The new stake became the biggest holding for Starboard.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2021\/12\/27\/starboard-value-builds-6point5percent-stake-in-godaddy-sending-shares-up-9percent.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Activist investor Starboard Value has taken a 6.5% stake in GoDaddy, sparking a rally in stock of the web services company. The hedge fund bought more than 10,000 shares of GoDaddy, worth about $800 million, according to a regulatory [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-80311","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/80311","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=80311"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/80311\/revisions"}],"predecessor-version":[{"id":80318,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/80311\/revisions\/80318"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=80311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=80311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=80311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}