Akamai Technologies Inc. Stock Slides 6.3%, Underperforms Peers
Dow Jones2026/08/18 20:34This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Akamai Technologies Inc. shed 6.3% to $115.20 on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.7% to 7,691.76 and Dow Jones Industrial Average falling 0.2% to 53,343.40.
This was the stock's third consecutive day of losses.
Akamai Technologies Inc. closed 30.4% short of its 52-week high of $165.45, which the company reached on May 13th.
The stock underperformed when compared to some of its peers, as Synopsys Inc. fell 2.1% to $404.41, Cognizant Technology Solutions Corp. rose 2.7% to $57.78, and Arista Networks Inc. fell 4.27% to $193.18.
Trading volume totaled 3.3 million, compared to the 50-day average of 3.8 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
August 18, 2026 16:34 ET (20:34 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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