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Why Limelight Networks's Stock is Down During Today's Session

February 12, 2021 9:55 am
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The Price And Volume Action In Limelight Networks's Stock Today

Limelight Networks's (NASDAQ:LLNW) stock has been falling Friday, down 23.25% to a price of $3.35. The stock's volume is currently 5.11 million, which is roughly 88.1% of its recent 30-day volume average of 5.80 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 the company reported worse-than-expected Q4 EPS and sales results.

Insights On Recent Price Action

The moving average price of the stock over the past 50 days was $4.3 at the time this article was published. In the past fifty-two weeks, the stock price has been as high as $8.19 and as low as $3.43.

Benzinga Pro provides investors with timely and accurate explanations of why a stock is moving. Subscribe to receive real-time alerts explaining stock price movements. Click here to learn more.

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