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NEW YORK, Aug. 21, 2026 (GLOBE NEWSWIRE) — Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) has filed a class action suit in the United States District Court for the Southern District of New York against GoDaddy Inc. (“GoDaddy” or the “Company”) (NYSE: GDDY), captioned Johnson v. GoDaddy Inc., et al., Case No. 1:26-cv-07144, on behalf of all persons and entities who purchased GoDaddy common stock during the period September 3, 2025 through February 24, 2026, inclusive (the “Class Period”).
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DEADLINE REMINDER: Investors are hereby notified that they have 60 days from the date of this notice to move the Court to serve as lead plaintiff in this action for the proposed Class. You need not seek to become a lead plaintiff in order to share in any possible recovery.
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If you suffered substantial losses and wish to serve as lead plaintiff, please e-mail attorneys Frederic S. Fox ([email protected]) or Donald R. Hall ([email protected]), or contact them by phone, regular mail, or fax, or click here.
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The Complaint alleges that throughout the Class Period, the Defendants made false and misleading statements, and omitted information necessary to make the statements not false or misleading at the time they were made, because while the Company represented to investors that its strategy “isn’t to grow customers just for the sake of growing customers” and that “[w]e’ve seen the average order size go up,” the Company had implemented a promotion focusing on short term contracts with smaller valuations, which in turn led to a decrease in total bookings and deceleration of bookings growth for both the fourth quarter and full year 2025.
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The Complaint further alleges that on February 24, 2026 after the close of the market, the truth regarding the Company’s promotional discount instituted in the fall of 2025 and its material, adverse effect on total bookings growth was revealed when the Company issued a press release reporting its fourth quarter and full year 2025 financial results with the SEC on Form 8-K (the “Press Release”). The Press Release revealed that total bookings growth had sharply decelerated to 5% in the fourth quarter of 2025.
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The Complaint alleges that these disclosures caused the price of GoDaddy common stock to decline from a price of $92.30 per share on Tuesday, February 24, 2026 to a closing price of $79.12 per share on Wednesday, February 25, 2026, a decline of $13.18 per share, or more than 14% on heavier than usual volume.
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Plaintiff seeks to recover damages on behalf of the proposed Class and is represented by Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com). Our firm, with offices in New York, Oakland, California, Los Angeles, Chicago, and New Jersey, has decades of experience in prosecuting investor class actions and actions involving violations of the Federal securities laws.
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