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Limelight Networks Names Current Board Member David C Peterschmidt Non-Executive Chairman
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Limelight to cut workforce by 16% | Light Reading
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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.