Akamai Technologies Inc. Stock Outperforms Competitors Despite Losses On The Day

Dow Jones
2024-11-16

DJ Akamai Technologies Inc. Stock Outperforms Competitors Despite Losses On The Day

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

Shares of Akamai Technologies Inc. $(AKAM)$ slipped 1.04% to $87.43 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.32% to 5,870.62 and Dow Jones Industrial Average falling 0.70% to 43,444.99.

This was the stock's fourth consecutive day of losses.

Akamai Technologies Inc. closed $41.74 short of its 52-week high ($129.17), which the company achieved on February 9th.

Despite its losses, the stock outperformed some of its competitors Friday, as Synopsys Inc. $(SNPS)$ fell 5.03% to $520.75, Cognizant Technology Solutions Corp. $(CTSH)$ fell 4.53% to $77.11, and Arista Networks Inc. $(ANET)$ fell 3.00% to $374.39.

Trading volume (2.6 M) eclipsed its 50-day average volume of 1.7 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 15, 2024.

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November 15, 2024 17:16 ET (22:16 GMT)

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