Akamai Technologies (AKAM) Sees a More Significant Dip Than Broader Market: Some Facts to Know
AKAMAkamai(AKAM) ZACKS·2024-07-20 07:22

Akamai Technologies (AKAM) closed the latest trading day at $95.05, indicating a -0.77% change from the previous session's end. This move lagged the S&P 500's daily loss of 0.71%. Meanwhile, the Dow lost 0.93%, and the Nasdaq, a tech-heavy index, lost 0.81%.Coming into today, shares of the cloud services provider had gained 7.2% in the past month. In that same time, the Computer and Technology sector lost 3.88%, while the S&P 500 gained 1.08%.Market participants will be closely following the financial resul ...