Limelight Lights ‘em Up

As expected, Limelight Networks came flying out of the gate today. The newly public content delivery company is up 53%, with both its pricing and stock offering increased in the last few days.

I like the company and CDN sector oodles, but the Akamai lawsuit remains a big overhang. Hearings aren’t expected until summer, and this is likely to go to trial early next year.

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