Why I Remain Unfazed After Limelight Networks' Epic Stock Price Drop

Nicholas Rossolillo, The Motley Fool
·4-min read
Why I Remain Unfazed After Limelight Networks' Epic Stock Price Drop
Why I Remain Unfazed After Limelight Networks' Epic Stock Price Drop

The wheels have started to come off the internet infrastructure stock party. Booming web traffic during the economic lockdown in the spring has started to moderate, and the first hyper-growth stock to be tamed was Fastly (NYSE: FSLY). Next up was Limelight Networks (NASDAQ: LLNW), which just endured a nearly 40% drubbing after posting third-quarter 2020 results mostly in line with its own expectations.