Akamai(AKAM) Prnewswire·2025-03-03 18:30Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving Akamai Technologies, following disappointing financial guidance that led to a significant drop in stock price [1][2][3]. Financial Performance - On February 20, 2025, Akamai reported better-than-expected revenue and earnings per share (EPS) for Q4 and full year 2024, but provided guidance for the current quarter and full year that fell short of consensus estimates [2]. - Following the announcement, Akamai's stock price fell by 76.73 per share on February 21, 2025 [3]. Legal Investigation - Pomerantz LLP is representing investors in investigating claims against Akamai and its officers/directors regarding possible securities fraud [1]. - The firm has a long history in corporate and securities class litigation, having recovered numerous multimillion-dollar damages for victims of securities fraud [4].