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Limelight Networks (LLNW) in Focus: Stock Moves 8.5% Higher

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Limelight Networks, Inc. was a big mover last session, as the company saw its shares rise above 8% on the day. The stock rallied on the company’s announcement of changes to its board of directors. This led to far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $2.16 to $2.42 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 #4 (Sell).

A better-ranked Internet-Services stock is Bridgeline Digital, Inc. (BLIN - Free Report) , which sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is LLNW going up? Or down? Predict to see what others think: Up or Down

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