DJ Akamai Technologies Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Akamai Technologies Inc. $(AKAM)$ slid 1.04% to $81.55 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.22% to 5,662.89 and Dow Jones Industrial Average falling 0.03% to 41,953.32.
Akamai Technologies Inc. closed 25.98% short of its 52-week high of $110.18, which the company reached on March 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Synopsys Inc. $(SNPS)$ fell 0.06% to $449.99, Cognizant Technology Solutions Corp. $(CTSH)$ fell 3.08% to $77.21, and Arista Networks Inc. $(ANET)$ fell 1.72% to $82.97.
Trading volume (1.9 M) remained 935,457 below its 50-day average volume of 2.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 20, 2025.
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(END) Dow Jones Newswires
March 20, 2025 17:17 ET (21:17 GMT)
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