Published on 22 Sep 2021 on Market Watch
Shares of Akamai Technologies Inc. advanced 1.60% to $108.66 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.95% to 4,395.64 and the Dow Jones Industrial Average rising 1.00% to 34,258.32. The stock's rise snapped a three-day losing streak. Akamai Technologies Inc. closed $16.25 short of its 52-week high ($124.91), which the company achieved on January 27th.
The stock outperformed some of its competitors Wednesday, as Alphabet Inc. Cl A rose 0.90% to $2,805.67, Amazon.com Inc. rose 1.09% to $3,380.05, and Microsoft Corp. rose 1.28% to $298.58. Trading volume (969,414) remained 109,698 below its 50-day average volume of 1.1 M.