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May 23, 2022, 4:35 p.m. EDT

Akamai Technologies Inc. stock rises Monday, still underperforms market

MarketWatch Automation

Shares of Akamai Technologies Inc. (NAS:AKAM) advanced 1.40% to $98.88 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index (S&P:SPX) rising 1.86% to 3,973.75 and the Dow Jones Industrial Average (DOW:DJIA) rising 1.98% to 31,880.24. Akamai Technologies Inc. closed $24.37 short of its 52-week high ($123.25), which the company achieved on April 21st.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Alphabet Inc. Cl A (NAS:GOOGL) rose 2.37% to $2,229.76, Amazon.com Inc. (NAS:AMZN) fell 0.03% to $2,151.14, and Microsoft Corp. (NAS:MSFT) rose 3.20% to $260.65. Trading volume (1.2 M) remained 631,816 below 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.

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