Home / Networking / Limelight Networks Inc. (LLNW) Plunges 5.71% on November 13 – Equities.com

Limelight Networks Inc. (LLNW) Plunges 5.71% on November 13 – Equities.com

Limelight Networks Inc. (LLNW) had a rough trading day for Wednesday November 13 as
shares
tumbled 5.71%, or a loss of $-0.26 per share, to close at $4.29. After opening the day at $4.55, shares of Limelight Networks Inc. traded as high as $4.55 and as
low as $4.27. Volume was 1.41 million shares over 9,876 trades, against an average daily volume of n/a shares and a total float of 116.52 million.

As a result of the decline, Limelight Networks Inc. now has a market cap of $499.89 million. In the last
year, shares of Limelight Networks Inc. have traded between a range of $4.60 and $2.21, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

For a complete fundamental analysis of Limelight Networks Inc., check out Equities.com’s Stock Valuation Analysis report for
LLNW
.

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Limelight Networks Inc provides content delivery network and value-added services, that help content owners improve streaming quality, download speeds, and advertising capabilities. It owns a network of servers that help control the performance and quality of users watching videos and using websites on fixed and mobile networks. The company solution includes Realtime Streaming, IoT and Edge Compute, File Distribution, Web Content Delivery, Live Video, and others. Its product portfolio includes content and video delivery, edge cloud, cloud security, origin storage, and others. Geographically, the company operates in three geographic areas namely Americas, Europe, Middle East and Africa (EMEA) and the Asia Pacific.

Limelight Networks Inc. is based out of Tempe, AZ and has some 609 employees. Its CEO is Robert A. Lento.

Limelight Networks Inc. is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an
industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an
objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives
a broad, unbiased look at the small-cap market as a whole.


To get more information on Limelight Networks Inc. and to follow the company’s latest updates, you can visit the company’s profile page here:
LLNW’s Profile
. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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