Shares of Akamai Technologies Inc. /zigman2/quotes/203072268/composite AKAM +2.82% advanced 2.42% to $98.48 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +3.06% falling 0.58% to 3,900.79 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +2.68% falling 0.75% to 31,253.13. The stock's rise snapped a two-day losing streak. Akamai Technologies Inc. closed $24.77 short of its 52-week high ($123.25), which the company achieved on April 21st.
The stock outperformed some of its competitors Thursday, as Alphabet Inc. Cl A /zigman2/quotes/202490156/composite GOOGL +5.11% fell 1.35% to $2,207.68, Amazon.com Inc. /zigman2/quotes/210331248/composite AMZN +3.58% rose 0.19% to $2,146.38, and Microsoft Corp. /zigman2/quotes/207732364/composite MSFT +3.41% fell 0.37% to $253.14. Trading volume (3.5 M) eclipsed its 50-day average volume of 1.8 M.