Web hosting service GoDaddy prices shares at $20, above the expected range of $17-19. At that price the company has a market value of $3 billion dollars. GoDaddy will trade on the New York Stock Exchange with the ticket symbol “GDDY”. Wal-Mart is joining the backlash against the religious freedom law which was passed by the legislature in its home state of Arkansas. Arkansas Governor Asa Hutchison has said he will sign it. Wal-Mart is also holding an investor update today where it may address this issue as well as retail trends. Carpenter Technology says it will cut jobs as it tries to cope with weakness in the oil and gas market.
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