AKAM Stock Recent News

Akamai Technologies (AKAM) closed at $109.33 in the latest trading session, marking a +0.52% move from the prior day.

Akamai's performance has been inconsistent, with periods of outperformance and underperformance, mostly due to its business transition. The company is transitioning away from its content delivery business and focusing on security and compute, which are generating incremental revenue. Akamai's security segment has been successful, accounting for a growing share of overall revenue and offsetting declines in the legacy CDN segment. The segment is growing at a 20% CAGR.

Akamai Technologies (AKAM) reachead $108.02 at the closing of the latest trading day, reflecting a -0.5% change compared to its last close.

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In the latest trading session, Akamai Technologies (AKAM) closed at $109.60, marking a +1.68% move from the previous day.

Akamai (AKAM) partners with Neural Magic to facilitate the swift adoption of data-intensive AI applications and propel innovation around edge-AI inference across industries.

Akamai (AKAM) forms a strategic partnership with Scaleflex to facilitate digital brands with end-to-end solutions on the Akamai Connected Cloud platform.

Akamai (AKAM) unveils advanced security features in Akamai App & API Protector product to combat the threat of application-layer distributed denial-of-service attacks.

Tech stocks often provide the craziest growth numbers in the market during a bull run. However, they can also drop fast at the first signs of a shaky economy.

Akamai Technologies: Rating Upgrade As Pullback Represents An Attractive Entry Point