Akamai Technologies Inc. Stock Slides 4.9%, Underperforms Peers
Dow Jones2026/10/16 20:35This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Akamai Technologies Inc. shed 4.9% to $87.81 on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.1% to 7,659.44 and Dow Jones Industrial Average falling 0.3% to 52,002.41.
Akamai Technologies Inc. closed 46.9% 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 peers, as Synopsys Inc. fell 2.9% to $454.63, Cognizant Technology Solutions Corp. rose 0.4% to $66.03, and Arista Networks Inc. fell 4.63% to $176.98.
Trading volume totaled 7.4 million, compared to the 50-day average of 4.7 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
October 16, 2026 16:35 ET (20:35 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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