DJ Akamai Technologies Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Akamai Technologies Inc. $(AKAM)$ slid 1.61% to $75.84 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.67% to 5,802.82 and Dow Jones Industrial Average falling 0.61% to 41,603.07.
Akamai Technologies Inc. closed 28.99% below its 52-week high of $106.80, which the company reached on October 18th.
The stock underperformed when compared to some of its competitors Friday, as Synopsys Inc. $(SNPS)$ fell 0.92% to $498.85, Cognizant Technology Solutions Corp. $(CTSH)$ fell 0.98% to $79.12, and Arista Networks Inc. $(ANET)$ fell 1.47% to $91.20.
Trading volume (1.9 M) remained 498,932 below its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 23, 2025.
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May 23, 2025 17:17 ET (21:17 GMT)
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