Price Surge, Light Volume: Limelight Networks (LLNW)

Posted in General  by: admin
June 25th, 2008

Limelight Networks, Inc. (NASDAQ: LLNW) is seeing a strange trading pattern today.  At 1:40 PM EST shares are up over 7% at $4.04, but we have only seen 138,368 shares trade hands today.  Its normal volume on an average trading day is 506,000 shares.  This is what would generally just be called a seller’s strike more than anything.

Day’s Range:    $3.79 to $4.08
52wk Range:    $2.62 to $23.82
Market Cap:    $337.10M

Jon Ogg
June 25, 2008

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