Buy & Sell Akamai Technologies, Inc. (AKAM) – Akamai Technologies, Inc. Price Today
Aura AI Summary
Key Stats
- $18.59BMarket Cap
- TechnologySector
- -25.44%3M Drawdown
- $23.53BEnterprise Value
- -Dividend Yield
- 16% Buy | 84% SellTrading Activity
- 45 daysTypical Hold Time
Akamai Technologies, Inc. (AKAM) is currently valued at a market capitalization of $18.59B, with an enterprise value of $23.53B. Over the past 52 weeks, Akamai Technologies, Inc. has traded between a low of $70.53 and a high of $161.14, highlighting its annual price range. Over the past three months, Akamai Technologies, Inc. has recorded a drawdown of -25.44%, reflecting recent price volatility. On average, investors hold Akamai Technologies, Inc. for approximately 45 days, indicating typical investor behavior on the platform.
About Akamai Technologies, Inc.
Akamai operates a content delivery network, or CDN, which entails locating servers at the edges of networks so its customers, which store content on Akamai servers, can reach their own customers faster, more securely, and with better quality. Akamai has over 325,000 servers distributed over 4,000 points of presence in more than 1,000 cities worldwide. Its customers generally include media companies, which stream video content or make video games available for download, and other enterprises that run interactive or high-traffic websites, such as e-commerce firms and financial institutions. Akamai also has a significant security business, which is integrated with its core web and media businesses to protect its customers from cyberthreats.
Most Recent News
Investigation launched into Gildan Activewear over alleged revenue inflation and financial engineering.
Bronstein, Gewirtz & Grossman, LLC has opened an investigation into Gildan Activewear following a report accusing the company of inflating revenues by channel stuffing and obscuring financial details through off-balance sheet receivables. The report ...
Infineon wins patent case, stops Innoscience from selling infringing GaN products in Germany
The Munich District Court ruled in favor of Infineon Technologies, prohibiting Chinese company Innoscience from manufacturing, selling, and marketing products that infringe Infineon's patented gallium nitride (GaN) technology in Germany. This marks I...
Amazon plans to sell AI Trainium chips beyond AWS, expanding its AI infrastructure reach.
Amazon is expanding its AI chip strategy by planning to sell its custom Trainium AI chips outside of Amazon Web Services (AWS), targeting third-party data centers. This move aims to compete with NVIDIA in the AI infrastructure market and meets growin...