Akamai Technologies Inc. Stock Slides 4.3%, Underperforms Peers
Dow Jones2026/08/24 20:34This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Akamai Technologies Inc. shed 4.3% to $105.66 on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.3% to 53,417.16 and the S&P 500 Index falling 0.3% to 7,652.86.
Akamai Technologies Inc. closed 36.1% below its 52-week high of $165.45, which the company reached on May 13th.
The stock underperformed when compared to some of its peers, as Synopsys Inc. fell 0.8% to $394.51, Cognizant Technology Solutions Corp. rose 0.5% to $62.20, and Arista Networks Inc. fell 0.27% to $188.15.
Trading volume totaled 2.8 million, compared to the 50-day average of 3.7 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
August 24, 2026 16:34 ET (20:34 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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