Akamai Technologies, Inc. (NASDAQ:AKAM) stock soared 21% on Wednesday. The Akamai stock price shot from $39.57 to $47.80 overnight. Its shares are now heading toward the stock's year-to-date high of $52.63. Yet Akamai stock has shown that it can plunge just as easily as it can rise. Last October, AKAM dropped from $75.55 to $60.82.
B. Riley has upgraded Akamai stock from "Neutral" to "Buy" on February 10 thanks to the strong earnings report. After all, the company reported earnings per share $0.10 above estimates and revenue $10.0 million higher than consensus.
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B. Riley has upgraded Akamai stock from "Neutral" to "Buy" on February 10 thanks to the strong earnings report. After all, the company reported earnings per share $0.10 above estimates and revenue $10.0 million higher than consensus.
Den vollständigen Artikel lesen ...