DJ Akamai Technologies Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Akamai Technologies Inc. $(AKAM)$ rose 2.00% to $92.90 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.35% to 5,969.34 and the Dow Jones Industrial Average rising 0.97% to 44,296.51.
This was the stock's fourth consecutive day of gains.
Akamai Technologies Inc. closed $36.27 short of its 52-week high ($129.17), which the company achieved on February 9th.
The stock outperformed some of its competitors Friday, as Synopsys Inc. $(SNPS)$ rose 1.28% to $565.07, Cognizant Technology Solutions Corp. $(CTSH)$ rose 0.86% to $79.54, and Arista Networks Inc. $(ANET)$ rose 0.37% to $406.48.
Trading volume (2.7 M) eclipsed its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 22, 2024.
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November 22, 2024 17:15 ET (22:15 GMT)
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