DJ Akamai Technologies Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Akamai Technologies Inc. $(AKAM)$ slipped 1.81% to $77.51 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.10% to 5,892.58 and the Dow Jones Industrial Average falling 0.21% to 42,051.06.
The stock's fall snapped a two-day winning streak.
Akamai Technologies Inc. closed 27.43% short of its 52-week high of $106.80, which the company achieved on October 18th.
The stock underperformed when compared to some of its competitors Wednesday, as Synopsys Inc. $(SNPS)$ rose 0.38% to $517.66, Cognizant Technology Solutions Corp. $(CTSH)$ fell 1.12% to $80.36, and Arista Networks Inc. $(ANET)$ rose 1.00% to $98.22.
Trading volume (3.6 M) eclipsed its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 14, 2025.
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May 14, 2025 17:17 ET (21:17 GMT)
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