Akamai Technologies Inc. Stock Falls 5.0%, Underperforms Peers
Dow Jones2026/10/12 20:33This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Akamai Technologies Inc. slipped 5.0% to $101.65 on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.4% to 51,850.55 and the S&P 500 Index falling 0.1% to 7,807.24.
Akamai Technologies Inc. closed 38.6% short of its 52-week high of $165.45, which the company achieved on May 13th.
The stock underperformed when compared to some of its peers, as Synopsys Inc. fell 1.5% to $502.51, Cognizant Technology Solutions Corp. rose 0.8% to $59.68, and Arista Networks Inc. fell 2.70% to $210.88.
Trading volume totaled 3.4 million, compared to the 50-day average of 4.5 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
October 12, 2026 16:33 ET (20:33 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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