If You'd Bought 1 Share of VeriSign at Its IPO, Here's How Many Shares You Would Own Now
Internet domain registration specialist VeriSign (NASDAQ: VRSN) has been quite the sprightly stock since Warren Buffett's Berkshire Hathaway added to its existing stake recently. VeriSign's recent resurgence shone a light on its business, which as ever remains protected by a strong economic moat (a favorite concept of Buffett's) and is performing accordingly.Buy-and-hold investors who had the foresight to take a position in VeriSign just after its 1998 initial public offering (IPO) would own considerably more shares these days. Continue reading
Internet domain registration specialist VeriSign (NASDAQ: VRSN) has been quite the sprightly stock since Warren Buffett's Berkshire Hathaway added to its existing stake recently.
VeriSign's recent resurgence shone a light on its business, which as ever remains protected by a strong economic moat (a favorite concept of Buffett's) and is performing accordingly.
Buy-and-hold investors who had the foresight to take a position in VeriSign just after its 1998 initial public offering (IPO) would own considerably more shares these days.
