Akamai Technologies (AKAM) concluded the recent trading session at $106.67, signifying a +1.85% move from its prior day's close.
Investors interested in Internet - Services stocks are likely familiar with Akamai Technologies (AKAM) and The Trade Desk (TTD). But which of these two stocks offers value investors a better bang for their buck right now?
The latest trading day saw Akamai Technologies (AKAM) settling at $101.48, representing a +1.03% change from its previous close.
Akamai launches native connector to simplify and accelerate the discovery and protection of APIs.
In the latest trading session, Akamai Technologies (AKAM) closed at $100.11, marking a +0.47% move from the previous day.
I recommend a buy rating for Akamai Technologies stock, as I believe the market undervalues the strong performance in the Security and Compute segments. Despite the slowdown in the Delivery segment, Security and Compute are showing very strong growth. Migrating apps to Akamai Connected Cloud will significantly reduce operating costs, potentially boosting margins by 400bps.
Akamai initiates advanced workflow capabilities to give media enterprises greater control over content delivery process.
In the closing of the recent trading day, Akamai Technologies (AKAM) stood at $97.30, denoting a +0.66% change from the preceding trading day.
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Akamai Technologies Inc. NASDAQ: AKAM is a leading content delivery network (CDN) that provides cloud security and edge computing solutions. It is the largest distributed cloud computing platform in the world.
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