DJ Akamai Technologies Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Akamai Technologies Inc. $(AKAM)$ dropped 0.24% to $95.42 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 5,868.55 and Dow Jones Industrial Average falling 0.36% to 42,392.27.
Akamai Technologies Inc. closed $33.75 below its 52-week high ($129.17), which the company achieved on February 9th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Synopsys Inc. $(SNPS)$ fell 0.54% to $482.75, Cognizant Technology Solutions Corp. $(CTSH)$ fell 0.64% to $76.41, and Arista Networks Inc. $(ANET)$ rose 1.14% to $111.79.
Trading volume (1.0 M) remained 888,437 below its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 2, 2025.
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(END) Dow Jones Newswires
January 02, 2025 17:20 ET (22:20 GMT)
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