Akamai (AKAM -7.7%) and Limelight (LLNW -10%) are tumbling on news of Netflix's (NFLX +0.1%)...

|About: Akamai Technologies, Inc. (AKAM)|By:, SA News Editor

Akamai (AKAM -7.7%) and Limelight (LLNW -10%) are tumbling on news of Netflix's (NFLX +0.1%) content delivery network (CDN) plans, though fellow CDN owner Level 3 (LVLT -1.8%) is off more modestly. Jefferies thinks Limelight has the most to lose, given Netflix accounted for 11% of its 2011 revenue. Netflix moved away from Akamai in 2010, though its plans could still hurt Akamai by depressing broader demand (and thus pricing) for commodity CDN services.