DJ Akamai Technologies Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Akamai Technologies Inc. $(AKAM)$ rose 1.28% to $81.63 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.67% to 5,670.97 and the Dow Jones Industrial Average rising 0.56% to 42,225.32.
This was the stock's third consecutive day of gains.
Akamai Technologies Inc. closed 24.54% short of its 52-week high of $108.18, which the company reached on April 4th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Synopsys Inc. $(SNPS)$ rose 0.60% to $438.55, Cognizant Technology Solutions Corp. $(CTSH)$ rose 0.37% to $76.73, and Arista Networks Inc. $(ANET)$ rose 2.13% to $80.16.
Trading volume (929,463) remained 1.9 million below its 50-day average volume of 2.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 2, 2025.
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(END) Dow Jones Newswires
April 02, 2025 17:19 ET (21:19 GMT)
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