Akamai Technologies Inc. Stock Slips 6.8%, Underperforms Peers
Dow Jones2026/08/07 20:33This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Akamai Technologies Inc. slid 6.8% to $110.54 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.6% to 7,757.64 and the Dow Jones Industrial Average rising 0.3% to 54,036.93.
This was the stock's third consecutive day of losses.
Akamai Technologies Inc. closed 33.2% 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. rose 2.5% to $415.99, Cognizant Technology Solutions Corp. rose 1.4% to $57.67, and Arista Networks Inc. fell 1.90% to $188.67.
Trading volume totaled 8.0 million, compared to the 50-day average of 3.9 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
August 07, 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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