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Shares of Akamai Technologies Inc. (AKAM) rallied 1.91% to $112.65 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.14% to 4,670.29 and Dow Jones Industrial Average falling 0.45% to 36,068.87. The stock's rise snapped a four-day losing streak. Akamai Technologies Inc. closed $12.26 short of its 52-week high ($124.91), which the company achieved on January 27th.
The stock outperformed some of its competitors Monday, as Alphabet Inc. Cl A (GOOGL) rose 1.21% to $2,773.39, Amazon.com Inc. (AMZN) fell 0.66% to $3,229.72, and Microsoft Corp. (MSFT) rose 0.07% to $314.27. Trading volume (1.7 M) eclipsed its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 10, 2022.
(END) Dow Jones Newswires
January 10, 2022 16:35 ET (21:35 GMT)
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