DJ Akamai Technologies Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Akamai Technologies Inc. $(AKAM)$ rose 1.08% to $97.96 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.07% to 43,325.80 and the S&P 500 Index falling 0.04% to 6,037.59.
This was the stock's fifth consecutive day of gains.
Akamai Technologies Inc. closed $31.21 short of its 52-week high ($129.17), which the company achieved on February 9th.
The stock outperformed some of its competitors Thursday, as Synopsys Inc. $(SNPS)$ fell 0.87% to $495.82, Cognizant Technology Solutions Corp. $(CTSH)$ rose 0.50% to $79.89, and Arista Networks Inc. $(ANET)$ rose 0.18% to $114.86.
Trading volume (946,858) remained 1.0 million below its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 26, 2024.
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(END) Dow Jones Newswires
December 26, 2024 17:21 ET (22:21 GMT)
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