Akamai Technologies Inc. stock rises Friday, outperforms market

Shares of Akamai Technologies Inc.
AKAM,
+0.70%
inched 0.70% higher to $118.10 Friday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index
SPX,
+0.08%
rising 0.08% to 4,783.83 and the Dow Jones Industrial Average
DJIA,
-0.31%
falling 0.31% to 37,592.98.

This was the stock’s third consecutive day of gains.

Akamai Technologies Inc. closed $2.51 below its 52-week high ($120.61), which the company reached on December 19th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Synopsys Inc.
SNPS,
-0.81%
fell 0.81% to $494.40, Cognizant Technology Solutions Corp.
CTSH,
+4.13%
rose 4.13% to $77.97, and Arista Networks Inc.
ANET,
+0.12%
rose 0.12% to $252.03.

Trading volume (1.1 M) remained 287,796 below its 50-day average volume of 1.4 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.

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