DJ Akamai Technologies Inc. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of Akamai Technologies Inc. $(AKAM)$ rose 3.33% to $78.79 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 3.26% to 5,844.19 and the Dow Jones Industrial Average rising 2.81% to 42,410.10.
Akamai Technologies Inc. closed 26.23% below its 52-week high of $106.80, which the company achieved on October 18th.
The stock underperformed when compared to some of its competitors Monday, as Synopsys Inc. $(SNPS)$ rose 4.70% to $505.59, Cognizant Technology Solutions Corp. $(CTSH)$ rose 3.33% to $81.81, and Arista Networks Inc. $(ANET)$ rose 6.70% to $92.32.
Trading volume (3.6 M) eclipsed its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 12, 2025.
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May 12, 2025 17:16 ET (21:16 GMT)
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