DJ Akamai Technologies Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Akamai Technologies Inc. $(AKAM)$ inched 0.68% higher to $98.06 Friday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.25% to 6,090.27 and the Dow Jones Industrial Average falling 0.28% to 44,642.52.
Akamai Technologies Inc. closed $31.11 short of its 52-week high ($129.17), which the company achieved on February 9th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Synopsys Inc. $(SNPS)$ rose 0.39% to $517.28, Cognizant Technology Solutions Corp. $(CTSH)$ rose 0.51% to $81.15, and Arista Networks Inc. $(ANET)$ rose 1.33% to $108.25.
Trading volume (1.5 M) remained 385,550 below its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 6, 2024.
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(END) Dow Jones Newswires
December 06, 2024 17:15 ET (22:15 GMT)
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