DJ Akamai Technologies Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Akamai Technologies Inc. $(AKAM)$ slid 1.85% to $80.05 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.97% to 5,580.94 and Dow Jones Industrial Average falling 1.69% to 41,583.90.
Akamai Technologies Inc. closed 27.21% short of its 52-week high of $109.98, which the company reached on April 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Synopsys Inc. $(SNPS)$ fell 1.86% to $437.95, Cognizant Technology Solutions Corp. $(CTSH)$ fell 2.17% to $75.90, and Arista Networks Inc. $(ANET)$ fell 1.29% to $77.94.
Trading volume (1.7 M) remained 1.2 million below its 50-day average volume of 2.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 28, 2025.
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(END) Dow Jones Newswires
March 28, 2025 17:16 ET (21:16 GMT)
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