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May 17, 2022, 4:35 p.m. EDT

Akamai Technologies Inc. stock falls Tuesday, underperforms market

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Shares of Akamai Technologies Inc. /zigman2/quotes/203072268/composite AKAM +2.82% shed 0.54% to $98.39 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +3.06% rising 2.02% to 4,088.85 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +2.68% rising 1.34% to 32,654.59. The stock's fall snapped a two-day winning streak. Akamai Technologies Inc. closed $24.86 short of its 52-week high ($123.25), which the company reached on April 21st.

The stock underperformed when compared to some of its competitors Tuesday, as Alphabet Inc. Cl A /zigman2/quotes/202490156/composite GOOGL +5.11% rose 1.77% to $2,329.46, Amazon.com Inc. /zigman2/quotes/210331248/composite AMZN +3.58% rose 4.11% to $2,307.37, and Microsoft Corp. /zigman2/quotes/207732364/composite MSFT +3.41% rose 2.03% to $266.82. Trading volume (1.8 M) eclipsed its 50-day average volume of 1.8 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

/zigman2/quotes/203072268/composite
US : U.S.: Nasdaq
$ 94.46
+2.59 +2.82%
Volume: 1.21M
June 24, 2022 4:00p
P/E Ratio
25.40
Dividend Yield
N/A
Market Cap
$14.73 billion
Rev. per Employee
$404,846
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/zigman2/quotes/210599714/realtime
US : S&P US
3,911.74
+116.01 +3.06%
Volume: 3.46B
June 24, 2022 5:05p
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
31,500.68
+823.32 +2.68%
Volume: 470.38M
June 24, 2022 5:05p
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/zigman2/quotes/202490156/composite
US : U.S.: Nasdaq
$ 2,359.50
+114.66 +5.11%
Volume: 2.06M
June 24, 2022 4:00p
P/E Ratio
21.34
Dividend Yield
N/A
Market Cap
$1481.10 billion
Rev. per Employee
$1.72M
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/zigman2/quotes/210331248/composite
US : U.S.: Nasdaq
$ 116.46
+4.02 +3.58%
Volume: 69.81M
June 24, 2022 4:00p
P/E Ratio
56.17
Dividend Yield
N/A
Market Cap
$1144.01 billion
Rev. per Employee
$297,107
loading...
/zigman2/quotes/207732364/composite
US : U.S.: Nasdaq
$ 267.70
+8.84 +3.41%
Volume: 33.91M
June 24, 2022 4:00p
P/E Ratio
27.93
Dividend Yield
0.93%
Market Cap
$1936.02 billion
Rev. per Employee
$1.06M
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