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Why is Verisign Inc (VRSN) Stock down?

We've noticed a 5.82% decline in Verisign Inc (VRSN) stock during the 2023-10-27 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
11 Jul, 2023:

VRSN's stock fell 5.05% after Baird downgraded the company from Outperform to Neutral. The analyst sees less upside to shares in the near-term due to weaker domain growth trends, which the firm says are now running below the company's guided range and could drive a further reduction in domain guidance for the year.

https://finance.yahoo.com/news/jpmorgan-upgraded-jetblue-downgraded-wall-133435359.html

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