BUZZ-U.S. STOCKS ON THE MOVE-GoDaddy, Tahoe Resources, Willbros, Nucor
(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stocks fell on Wednesday as a pair of weaker-than-expected economic indicators raised concerns that Friday's impending jobs report could also point to worsening conditions.
The Dow Jones industrial average was down 0.42 percent at 17,701.92, the S&P 500 was down 0.41 percent at 2,059.34 and the Nasdaq Composite was down 0.61 percent at 4,871.09.
** GODADDY INC, $26.18, +30.90 pct
The web hosting company's shares rose as much as 34 percent in their debut, valuing the firm at about $5.48 billion, including debt. The company raised $460 million after its initial public offering of 23 million class A shares was priced at $20 per share, above the expected range of $17-$19.
** TAHOE RESOURCES INC, $11.82, +7.85 pct
Analysts at Raymond James upgraded the gold and silver producer's Toronto-listed stock to 'outperform' from 'market perform' and raised their price target to C$20 from C$19 as they expect the company to benefit from its acquisition of smaller rival Rio Alto Mining.