GoDaddy shares plunge 14% after lawsuit alleges undisclosed $4.99 domain promotion

  • Robbins LLP filed a GoDaddy shareholder class action over an undisclosed domain promotion.
  • $13.18: GoDaddy shares fell from $92.30 to $79.12 on February 25, 2026.
  • October 20, 2026, is the stated lead plaintiff deadline.

Robbins LLP said a shareholder class action was filed on behalf of investors and entities that purchased or otherwise acquired GoDaddy Inc. common stock between September 3, 2025, and February 24, 2026. The complaint alleges GoDaddy failed to disclose a heavily discounted $4.99 price for one-year domain contracts and that the promotion materially hurt total bookings growth. GoDaddy’s typical multi-year contracts ranged from $10 to $20 per year, according to the complaint. The firm says the promotion conflicted with GoDaddy’s representations that its strategy of attracting high-intent customers spending $500 or more was working and that its AI platform was "hitting its stride." GoDaddy reported fourth-quarter 2025 total bookings growth of 5%, bringing full-year growth to 7%, below the previously stated 8%, while full-year revenue growth was 8%. The company said on its earnings call that demand for the one-year dotcom offer exceeded expectations and that the resulting term mix and promotional price reduced upfront bookings and near-term revenue. The stock fell $13.18, or more than 14%, from $92.30 on February 24, 2026, to $79.12 on February 25. Investors who want to seek lead-plaintiff appointment should contact Robbins LLP before October 20, 2026; participation is offered on a contingency fee basis.

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GoDaddy shares plunge 14% after lawsuit alleges undisclosed $4.99 domain promotion - CoinPost Terminal