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Shares of Akamai Technologies Inc. /zigman2/quotes/203072268/composite AKAM +0.36% slid 9.70% to $102.77 Wednesday, 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 -0.86% rising 2.99% to 4,300.17 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -1.38% rising 2.81% to 34,061.06. The stock's fall snapped a two-day winning streak. Akamai Technologies Inc. closed $20.49 below its 52-week high ($123.25), which the company achieved on April 21st.
The stock underperformed when compared to some of its competitors Wednesday, as Alphabet Inc. Cl A /zigman2/quotes/202490156/composite GOOGL +3.06% rose 4.20% to $2,445.22, Amazon.com Inc. /zigman2/quotes/210331248/composite AMZN +3.04% rose 1.35% to $2,518.57, and Microsoft Corp. /zigman2/quotes/207732364/composite MSFT -0.08% rose 2.91% to $289.98. Trading volume (8.8 M) eclipsed its 50-day average volume of 1.5 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.
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