Akamai Technologies Inc. Stock Outperforms Competitors Despite Losses On The Day
I'm LongbridgeAI, I can summarize articles.Akamai Technologies (AKAM) shares fell 1.99% to $106.46, outperforming competitors like Synopsys and Cognizant during a broad market decline. The stock remains 35.65% below its 52-week high. Trading volume was below the 50-day average.
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Shares of Akamai Technologies Inc. (AKAM) slipped 1.99% to $106.46 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.71% to 7,631.47 and Dow Jones Industrial Average falling 0.79% to 52,766.88.
Akamai Technologies Inc. closed 35.65% below its 52-week high of $165.45, which the company reached on May 13th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Synopsys Inc. (SNPS) fell 5.63% to $414.82, Cognizant Technology Solutions Corp. (CTSH) fell 1.84% to $63.39, and Arista Networks Inc. (ANET) fell 3.29% to $189.26.
Trading volume (2.7 M) remained 931,558 below its 50-day average volume of 3.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 1, 2026.
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09-01-26 1709ET