Akamai Technologies Inc. Stock Sheds 5.7%, Underperforms Competitors

Dow Jones
Aug 09

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Akamai Technologies Inc. slid 5.7% to $70.53 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.8% to 6,389.45 and the Dow Jones Industrial Average rising 0.5% to 44,175.61.

The stock's fall snapped a two-day winning streak.

Akamai Technologies Inc. closed 34.0% 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, as Synopsys Inc. fell 0.1% to $619.42, Cognizant Technology Solutions Corp. rose 0.7% to $69.58, and Arista Networks Inc. fell 0.07% to $139.18.

Trading volume totaled 5.4 million, compared to the 50-day average of 2.0 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

August 08, 2025 16:34 ET (20:34 GMT)

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