Edgio Inc traded at $13.30 this Tuesday April 9th, increasing $2.13 or 19.07 percent since the previous trading session. Looking back, over the last four weeks, Edgio gained 57.58 percent. Over the last 12 months, its price fell by 54.58 percent. Looking ahead, we forecast Edgio Inc to be priced at 12.90 by the end of this quarter and at 11.76 in one year, according to Trading Economics global macro models projections and analysts expectations.
Edgio, Inc., formerly Limelight Networks, Inc., is a provider of content delivery network services to deliver digital content over the Internet. The Company delivers digital content, video delivery, Website development and acceleration, cloud security, edge compute, and origin storage services. Its geographic areas include Americas, Europe, Middle East, and Africa (EMEA), and Asia Pacific. The Company's edge services platform includes private Internet protocol (IP) network, software, and support services. Its services include Layer by Limelight (AppOps), which augments or replace a site’s existing Web content delivery network and security vendor to deliver faster page loads. Its cloud security services offer defense against malicious Website attacks and unauthorized content access without impacting the performance of Web applications and content delivery. Its customers include media, entertainment, gaming, technology and software, retail, live sports, e-commerce, and other sectors.