DJ Akamai Technologies Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Akamai Technologies Inc. $(AKAM)$ inched 0.74% higher to $96.60 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.73% to 5,974.07 and the Dow Jones Industrial Average rising 0.16% to 42,906.95.
This was the stock's third consecutive day of gains.
Akamai Technologies Inc. closed $32.57 below its 52-week high ($129.17), which the company reached on February 9th.
The stock outperformed some of its competitors Monday, as Synopsys Inc. $(SNPS)$ rose 0.08% to $492.58, Cognizant Technology Solutions Corp. $(CTSH)$ fell 0.29% to $79.00, and Arista Networks Inc. $(ANET)$ rose 0.25% to $113.09.
Trading volume (1.4 M) remained 585,163 below its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 23, 2024.
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(END) Dow Jones Newswires
December 23, 2024 17:20 ET (22:20 GMT)
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