Limelight Networks Hiring 120 Employees Despite Falling Share Price

Limelight Networks announced they are hiring 120 employees despite a falling share price. In my last post about Limelight Networks I noted their share price was hovering around $7. Their share price has now dropped to about $2-$3. Why they are hiring 120 new employees in the midst of a struggling share price and lawsuit judgement against them is a mystery to me. Sounds like a PR move hoping for buyout offer.

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