What’s Wrong With Limelight Networks Today?

1 min read

Content-delivery networks (CDN) veteran Limelight Networks (NASDAQ: LLNW) crashed on Friday due to a disappointing earnings report on the evening of Thursday, February 11. The company missed Wall Street’s fourth-quarter targets across the board, and analysts were quick to shower the stock in downgrades and lowered price targets. Limelight’s stock fell as much as 28.7% on Friday morning and is now trading near three-year lows.

Let’s see what went wrong in the fourth quarter. As a Limelight shareholder, I need to know whether these issues are fixable and temporary or structural and here to stay.

Image source: Getty Images.

Continue reading

Leave a Reply

Your email address will not be published.

Previous Story

SpaceX Just Crashed Another Rocket — and That’s Great News

Next Story

3 Dividend Stocks I’d Buy Right Now

Latest from Blog