DJ Akamai Technologies Inc. Stock Underperforms Tuesday When Compared To Competitors Despite Daily Gains
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Shares of Akamai Technologies Inc. (AKAM) rallied 2.00% to $80.64 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.07% to 6,225.52 and Dow Jones Industrial Average falling 0.37% to 44,240.76.
Akamai Technologies Inc. closed 24.49% short of its 52-week high of $106.80, which the company achieved on October 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Synopsys Inc. (SNPS) rose 2.79% to $551.51, Cognizant Technology Solutions Corp. (CTSH) rose 0.31% to $80.71, and Arista Networks Inc. (ANET) rose 1.89% to $103.39.
Trading volume (1.6 M) remained 978,781 below its 50-day average volume of 2.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 8, 2025.
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July 08, 2025 17:17 ET (21:17 GMT)
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