Published on 10 Aug 2023 on Simply Wall St. via Yahoo Finance

Investors in Edgio (NASDAQ:EGIO) have unfortunately lost 88% over the last three years

It is a pleasure to report that the Edgio, Inc. (NASDAQ:EGIO) is up 33% in the last quarter. But that doesn't change the fact that the returns over the last three years have been stomach churning. Indeed, the share price is down a whopping 88% in the last three years. Arguably, the recent bounce is to be expected after such a bad drop. Only time will tell if the company can sustain the turnaround. We really feel for shareholders in this scenario. It's a good reminder of the importance of diversification, and it's worth keeping in mind there's more to life than money, anyway.

So let's have a look and see if the longer term performance of the company has been in line with the underlying business' progress.

See our latest analysis for Edgio