Limelight Networks Skyrocketing On Rumors (LNW)

Limelight Networks, Inc. LLNW is up sharply in pre-market trading, more than 19% after rumors are abounding that the company has won the content delivery business from Netflix NFLX away from Akamai Technologies, Inc. AKAM. At last check, shares of LLNW are up $1.25 to $7.85. AKAM is down $2.64 to $51.50, a loss of 4.8%. Limelight Networks, Inc. provides content delivery network (CDN) services in the United States, Europe, and the Asia Pacific.