Akamai Technologies (AKAM) has had mixed performance recently with its shares moving down by 1.01%, but outperforming competitors on a strong trading day. Other highlights include the announcement of Q3 2024 financial results, and commentary on whether the stock might be underperforming the Dow. It has also been flagged as potentially optimal for Edge Computing investments. Akamai has successfully concluded the acquisition of Select Assets of Edgio, leading to the expansion of its content delivery portfolio. However, the Parnassus Growth Equity Fund sold AKAM stocks in Q3. Insiders also sold US$2.5m of stocks, potentially signaling caution. Akamai Guardicore Segmentation reported a 152% return on investment. Furthermore, the company dominated API security awards and launched a revolutionary cloud platform. AKAM was also recognized as a leader in the IDC MarketScape. The Company-wide ISO 14001 attestation emphasizes a high standard for environmental management systems.
Akamai Technologies AKAM News Analytics from Tue, 07 May 2024 07:00:00 GMT to Fri, 27 Dec 2024 23:15:22 GMT - Rating 5 - Innovation 8 - Information 7 - Rumor -9
