Akamai Technologies Inc. Stock Underperforms Friday When Compared To Competitors
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Akamai Technologies Inc. (AKAM) shares fell 2.46% to $85.10 on Friday, marking the seventh consecutive day of losses. This decline occurred despite a positive trading session for the stock market, with the S&P 500 and Dow Jones rising. Akamai's stock is now 17.98% below its 52-week high of $103.75. In comparison, competitors like Synopsys Inc. and Arista Networks Inc. saw gains, while Cognizant Technology Solutions Corp. experienced a slight decline. Trading volume was below the 50-day average.
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