Headquartered in Reston, Virginia, VeriSign, Inc. (VRSN) is a critical internet infrastructure company best known for operating the domain name registries for .com and .net. It is valued at a market cap of $20.1 billion.
This tech company has struggled to keep up with the broader market over the past 52 weeks. Shares of VRSN have climbed 3.5% over this time frame, while the broader S&P 500 Index ($SPX) has gained 20.5%. However, on a YTD basis, the stock is up 16%, outpacing SPX’s 12.1% rise.