Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

Shares of Akamai (AKAM) shoot 12% higher after it snaps up rival Cotendo. Another...

  • Thursday, December 22, 2011, 9:51 AM ET
    Shares of Akamai (AKAM) shoot 12% higher after it snaps up rival Cotendo. Another content-delivery company, Limelight (LLNW +7.3%), is also soaring on the news.
Track new comments on this story

This news story has 1 comment:

  •  
    Why would LLNW shoot up when it was a competitor who made the acquisition? Why the drag-along? Can investors tell the difference between what is good for a company and good for an industry?
    22 Dec 2011, 05:18 PM Reply Like
LATEST|
TODAY SO FAR|
YESTERDAY
Other date
DJIA (DIA) S&P 500 (SPY)
Latest Articles
More Latest Articles »