Why Did Hale Resign From Limelight?
Analysts speculated that there could be a number of things behind the move to push Hale out, among them the shaky stock price, the lack of earnings improvement, and even troubles with the installation of back-office systems.
Analysts say the main point is that the company is taking action. "They're looking for change. The company has a negative rep with the Street today, so any change is positive," Merriman analyst Colby Synesael says.
For more on why Hale left Limelight, see the full story on Contentinople.
– Ryan Lawler, Contentinople