- JPMorgan cuts its VeriSign (VRSN -2.2%) net domain additions based on new company data indicating the first "noticeable shortfall in quite some time."
- Analyst Sterling Auty says the shortfall likely isn't good news for GoDaddy (GDDY -4.7%) and Wix (WIX -1.5%) since the sites have to build most domains sold.
- While VRSN's shortfall isn't a "major number," Auty warns this could be the "first step in a trend."
- The firm cuts its VRSN net adds from 1.62M to 1.27M.