Shares of Akamai Technologies Inc. /zigman2/quotes/203072268/composite AKAM +0.86% slumped 0.46% to $99.10 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 +1.06% rising 0.95% to 3,978.73 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.05% rising 0.60% to 32,120.28. The stock's fall snapped a two-day winning streak. Akamai Technologies Inc. closed $24.15 below its 52-week high ($123.25), which the company reached on April 21st.
The stock underperformed when compared to some of its competitors Wednesday, as Alphabet Inc. Cl A /zigman2/quotes/202490156/composite GOOGL -0.21% fell 0.16% to $2,116.10, Amazon.com Inc. /zigman2/quotes/210331248/composite AMZN +3.15% rose 2.57% to $2,135.50, and Microsoft Corp. /zigman2/quotes/207732364/composite MSFT +1.07% rose 1.12% to $262.52. Trading volume (1.1 M) remained 721,453 below its 50-day average volume of 1.8 M.