Shares in content delivery networks like Akamai (AKAM) and LimeLight (LLNW) have sold off sharply. So has the stock of internet infrastructure network Level 3 (LVLT). The market believes that fierce price…
Douglas A. McIntyre On July 18, Friedman Billings put an "outperform" on Limelight Networks. The shares closed at $16.85 that day. Today, the stock is off over 17% to under $12. What Friedman did not…
Douglas A. McIntyre Big Band Networks (BBND) had a bad quarter. The provider of infrastructure for moving video around the internet lost 20% of its value after hours down to $11. It announced a modest…
Douglas A. McIntyre According to Reuters, ABN Amro (ABN) has withdrawn support for a bid from Barclays (BCS) Reuters writes that Liberty Media (LCACA) may make a bid for UK cable company Virgin Media. Reuters…
Akamai Technologies Inc. (NASDAQ:AKAM) is feeling some more pain today after earnings last night. It isn’t really that Akamai dropped the ball, but they are becoming an older player that hits more…
Douglas A. McIntyre (AAPL) Apple traded down initially, but shares are up 7% pre-market after earnings and maintaining 2008 iPhone sales.(AKAM) Akamai Tech $0.30 EPS vs $0.30 estimate; shares down over 10% pre-market on guidance…
ACI cut to Hold at Citigroup.AKAM started as Outperform at FBR.BAGL started as Outperform at Piper Jaffray.BTU cut to Hold at Citigroup.CPB raised to Outperform at Bernstein.DAC started as Outperform at Credit…
Shares in Local.com (LOCM) are finally headed down after several days of furious rallying. The stock went from under $4 on June 28 to over $13 yesterday. It is off 11% today.…
Douglas A. McIntyre Last week Cowen & Co. released a note on Limelight Networks (LLNW), a recent IPO in the content delivery industry, quoting UCLA law professor and patent expert Doug Lichtman. Lichtman said he…
Douglas A. McIntyre Limelight Networks (LLNW-NASDAQ) did price its widely anticipated IPO. It sold 16 million shares at $15.00, but this is a higher share count than the 14.4 million expected and the pricing itself…
Douglas A. McIntyre