Akamai Technologies Inc. stock falls Thursday, underperforms market
Shares of Akamai Technologies Inc. AKAM, -0.15% slumped 0.15% to $115.53 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.38% rising 0.38% to 4,567.80 and the Dow Jones Industrial Average DJIA, +1.47% rising 1.47% to 35,950.89.
The stock's fall snapped an eight-day winning streak.
Akamai Technologies Inc. closed $0.55 below its 52-week high ($116.08), which the company reached on November 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Synopsys Inc. SNPS, -1.67% fell 1.67% to $543.23, Cognizant Technology Solutions Corp. CTSH, +0.37% rose 0.37% to $70.38, and Arista Networks Inc. ANET, +0.19% rose 0.19% to $219.71.
Trading volume (2.9 M) eclipsed its 50-day average volume of 1.6 M.
Editor's Note: This story was auto-generated by Automated Insights , an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
