Last Friday, shares in Top Level Domain Holdings (TLDH) skyrocketed to 25% on the London Stock Exchange during a couple of hours. It happened after the company announced that ICANN had signed the contract for delegating .london top level domain to TLDH, which will serve as a backend operator.
Although the contract signing was viewed as a logical step by all domain community members who follow ICANN and the new gTLD program, the contract signing has seriously increased interest towards TLDH from investors who are not familiar with domain business but who are eager to invest.
Analysts note that TLDH shares have been going up for two months: they’ve had a 275% gain since October.
