Akamai Technologies Inc. Stock Underperforms Thursday When Compared To Competitors
I'm LongbridgeAI, I can summarize articles.Akamai Technologies (AKAM) shares fell 2.44% to $110.09 on Thursday, marking its fifth consecutive day of losses and underperforming competitors like Synopsys and Cognizant. The decline occurred amid a broader market downturn, with the S&P 500 and Dow Jones also dropping. Akamai remains 33.46% below its 52-week high, while trading volume was significantly lower than the 50-day average.
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Akamai Technologies Inc. (AKAM) slipped 2.44% to $110.09 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.87% to 7,641.16 and Dow Jones Industrial Average falling 1.32% to 52,759.21.
This was the stock's fifth consecutive day of losses.
Akamai Technologies Inc. closed 33.46% short of its 52-week high of $165.45, which the company reached on May 13th.
The stock underperformed when compared to some of its competitors Thursday, as Synopsys Inc. (SNPS) fell 0.83% to $397.92, Cognizant Technology Solutions Corp. (CTSH) fell 0.02% to $60.92, and Arista Networks Inc. (ANET) fell 1.45% to $183.75.
Trading volume (2.1 M) remained 1.7 million below its 50-day average volume of 3.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 20, 2026.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
08-20-26 1721ET