Akamai Technologies Inc. Stock Rises 5.7%, Outperforms Competitors

Dow Jones
03-08

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

Shares of Akamai Technologies Inc. rose 5.7% to $87.52 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.6% to 5,770.20 and the Dow Jones Industrial Average rising 0.5% to 42,801.72.

Akamai Technologies Inc. closed 22.8% short of its 52-week high of $113.36, which the company achieved on March 8th.

The stock outperformed some of its competitors, as Synopsys Inc. rose 1.2% to $450.88, Cognizant Technology Solutions Corp. fell 0.4% to $83.23, and Arista Networks Inc. fell 1.16% to $83.36.

Trading volume totaled 4.5 million, compared to the 50-day average of 2.5 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

March 07, 2025 16:34 ET (21:34 GMT)

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