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Why Limelight Networks, Inc. Shares Rose 18% in July

TheMotleyFool

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Why Limelight Networks, Inc. Shares Rose 18% in July

Shares of Limelight Networks (NASDAQ: LLNW) gained 18.3% in July 2017, according to data from S&P Global Market Intelligence.

The content delivery network operator saw share prices rising slowly through the first three weeks of July on no notable news. Perhaps analysts and investors had caught the scent of good things to come, because Limelight's stock soared 11% higher in a three-day span around the company's second-quarter earnings report.

Image source: Getty Images.

Source: Fool.com