Akamai Technologies Inc. stock outperforms competitors on strong trading day – MarketWatch

Shares of Akamai Technologies Inc. AKAM, inched 0.41% higher to $83.50 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, -1.10% rising 0.11% to 33,241.56 and the S&P 500 Index SPX, -1.20% falling 0.40% to 3,829.25. This was the stock’s second consecutive day of gains. Akamai Technologies Inc. closed $39.75 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 Tuesday, as Synopsys Inc. SNPS, -0.83% fell 0.71% to $317.95, Cognizant Technology Solutions Corp. CTSH, -1.59% rose 0.82% to $56.48, and Arista Networks Inc. ANET, +0.26% fell 0.76% to $118.86. Trading volume (967,282) remained 541,505 below its 50-day average volume of 1.5 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.
As investors look back after a brutal year for markets, many are asking themselves the same question: was there anything we could have done to sidestep a selloff that began early in the first quarter?

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