By Market News Video Staff, Tuesday, November 9, 1:43 PM ET
Akamai Technology (NASDAQ:AKAM) shares are falling today on reports that Netflix (NFLX) is switching to Limelight Network (NASDAQ:LLNW) and Level 3 Communications (NYSE:LVLT) as content delivery networks.
Akamai shares are trading lower to by 4.9%, while Limelight shares trade up 17.6% and Level 3 shares trade higher by 24.3%.
Akamai is 38.95% of the Internet Infrastructure HOLDRS (IIH), trading down 2% today, behind VeriSign (NASDAQ:VRSN), which is 52.49% of the portfolio.
This Article's Word Cloud:AKAMAkamaiCommunicationsInfrastructureInternetLLNWLVLTLevelLimelightNFLXNYSENetflixNetworkTechnologyVRSNVeriSignbehindcontentdeliverydownfallinghigherlowernetworksportfolioreportssharesswitchingthattodaytradetradingwhichwhile
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.