GoDaddy Shares Surge On Gen Digital's Reported Takeover Bid — GEN Stock Falls As Talks in Early Stages

GoDaddy Inc. (GDDY) shares spiked as much as 11% Thursday after it was reported that Gen Digital Inc. (GEN), the company behind Norton and Avast, had made a takeover approach for the web-services company.Gen Digital made its first approach to GoDaddy in recent weeks. Discussions between the compani…