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Limelight Networks (LLNW) Catches Eye: Stock Jumps 9.4%

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Limelight Networks, Inc. was a big mover last session, as the company saw its shares rise 6% on the day. The upside was driven by the company’s announcement that it has joined Google Cloud Platform’s CDN Interconnect program. This breaks the recent trend for the company, as the stock is now trading above the volatile price range of $1.30–$1.49 in the past one-month time frame.

In the last 30 days, the company has seen no estimate revision and the Zacks Consensus Estimate also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.      

Limelight Networks currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

A better-ranked Internet Services stock is Facebook, Inc. , which sports a Zacks Rank #1 (Strong Buy).

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