Why Is It Moving? Looking Into Why Limelight Networks's Stock is Trading Lower Today

The Price And Volume Action In Limelight Networks's Stock Today

Limelight Networks LLNW is currently down 6.96% to a price of $4.37. Tuesday the stock has been traded at a volume of 2.99 million, about 57.06% of its recent 30-day volume average of 5.24 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Limelight Networks shares are trading lower after Cowen & Co. downgraded the stock from Outperform to Market Perform and lowered its price target from $9 to $4.75.

Perspective On Recent Price Action

The 50-day moving average price of Limelight Networks's stock was $4.28 when this article was published. The stock reached a high of $8.19 and a low of $3.43 in the past 52 weeks.

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