Executives from Kirkland-based Rightside Group, Ltd. rang the closing bell at the NASDAQ stock exchange and met with investors Friday in New York City.
“This is a big moment for Rightside,” CEO Taryn Naidu said in a statement. “We are thrilled to be here at the NASDAQ and to share the moment with our team and investors. It’s also an honor to represent Kirkland and our thriving tech community in such a global setting.”
The domain-services company spun off from California-based Demand Media, Inc. and began trading publicly under the “NAME” symbol in August. It hasn’t been smooth sailing, though: Rightside’s share price has fallen from $16.20 to $8.29.
The bell ceremony is an opportunity for companies to generate exposure and buzz.
“Coming off of an exciting year, including Rightside becoming an independent public company in August, it feels right to be at the NASDAQ as 2014 comes to a close. Today’s ringing of the Closing Bell is a milestone for the Rightside team, and we are excited to carry this energy and momentum into 2015,” CFO Tracy Knox said in a statement.