Netflix got the Paramount deal today. With the deal I see LLNW up nicely. (I see it because I own it.) But when checking on Akami, it is not performing as nearly as well as I would have thought.
I figure the deal is the type that 'lifts-all-boats', but LLNW is seriously outperforming.
I am obviously missing something. Maybe there is an upgrade, maybe the traffic beneficiary is LLNW from the deal. I'll keep my eyes open.
Technically, this move is good for LLNW. It makes the 100SMA, on the daily, support. (Looking to sell the current position at 8.25, but will keep trading it as the industry wind is on its back.)