DJ Akamai Technologies Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Akamai Technologies Inc. $(AKAM)$ rose 1.87% to $94.64 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.30% to 5,987.37 and the Dow Jones Industrial Average rising 0.99% to 44,736.57.
This was the stock's fifth consecutive day of gains.
Akamai Technologies Inc. closed $34.53 short of its 52-week high ($129.17), which the company reached on February 9th.
The stock outperformed some of its competitors Monday, as Synopsys Inc. $(SNPS)$ fell 0.57% to $561.87, Cognizant Technology Solutions Corp. $(CTSH)$ rose 1.37% to $80.63, and Arista Networks Inc. $(ANET)$ fell 1.66% to $399.72.
Trading volume (2.9 M) eclipsed its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 25, 2024.
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November 25, 2024 17:15 ET (22:15 GMT)
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