DJ Akamai Technologies Inc. Stock Outperforms Competitors On Strong Trading Day
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Akamai Technologies Inc. $(AKAM)$ rose 3.61% to $80.68 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.59% to 5,954.50 and the Dow Jones Industrial Average rising 1.39% to 43,840.91.
Akamai Technologies Inc. closed 28.83% short of its 52-week high of $113.36, which the company reached on March 8th.
The stock outperformed some of its competitors Friday, as Synopsys Inc. $(SNPS)$ rose 0.57% to $457.28, Cognizant Technology Solutions Corp. $(CTSH)$ fell 0.79% to $83.33, and Arista Networks Inc. $(ANET)$ rose 1.62% to $93.05.
Trading volume (5.8 M) eclipsed its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 28, 2025.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
February 28, 2025 17:18 ET (22:18 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.