Akamai Technologies (AKAM) Jumps: Stock Rises 9.8%

By Zacks Investment ResearchStock MarketsMar 18, 2020 10:33PM ET

www.investing.com/analysis/akamai-technologies-akam-jumps-stock-rises-98-200517352

Akamai Technologies (AKAM) Jumps: Stock Rises 9.8%

By Zacks Investment Research | Mar 18, 2020 10:33PM ET

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Akamai Technologies, Inc. (NASDAQ:AKAM) was a big mover last session, as the company saw its shares rise nearly 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $80.05–$102.56 in the past one-month time frame.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Akamai Technologies currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Akamai Technologies, Inc. Price

Akamai Technologies, Inc. Price

Akamai Technologies, Inc. price | Akamai Technologies, Inc. Quote

Investors interested in the Internet – Services industry may also consider Dropbox, Inc. (NASDAQ:DBX) , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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Akamai Technologies (AKAM) Jumps: Stock Rises 9.8%

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