Tempe, Arizona-based GoDaddy Inc. (GDDY) engages in the design and development of cloud-based products in the United States and internationally. The company has a market capitalization of $12.3 billion and operates through Applications and Commerce (A&C) and Core Platform (Core) segments, and is engaged in the design and development of cloud-based technology products for small businesses, Web design professionals, and individuals.
Companies with a market cap of $10 billion or more are typically called “large-cap stocks.” GDDY fits squarely into that category, with its market cap exceeding this threshold and reflecting its substantial size and influence in the software infrastructure industry.