Akamai slides, but outlook might tick up on investments, sales strategy

seekingalpha

2024-11-08

Veronique D/iStock Editorial via Getty Images

Akamai Technologies (NASDAQ:AKAM) was down 10% on Friday following its latest financial results, where management indicated it is changing its investment and sales strategy and announced layoffs.

"With the success of our new solutions in API security, enterprise security and cloud computing, we're now

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