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.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.