Akamai Technologies Inc. Stock Outperforms Competitors On Strong Trading Day

Dow Jones
02-25

DJ Akamai Technologies Inc. Stock Outperforms Competitors On Strong Trading Day

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

Shares of Akamai Technologies Inc. $(AKAM)$ rose 1.20% to $77.65 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.08% to 43,461.21 and the S&P 500 Index falling 0.50% to 5,983.25.

The stock's rise snapped a two-day losing streak.

Akamai Technologies Inc. closed 31.50% short of its 52-week high of $113.36, which the company reached on March 8th.

The stock outperformed some of its competitors Monday, as Synopsys Inc. $(SNPS)$ fell 1.00% to $470.08, Cognizant Technology Solutions Corp. $(CTSH)$ fell 0.38% to $84.55, and Arista Networks Inc. $(ANET)$ fell 5.71% to $92.69.

Trading volume (7.0 M) eclipsed its 50-day average volume of 2.0 M.

Data source: Dow Jones Market Data, FactSet. Data compiled February 24, 2025.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

 

(END) Dow Jones Newswires

February 24, 2025 17:20 ET (22:20 GMT)

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