Strength Seen in Akamai Technologies (AKAM): Can Its 10.4% Jump Turn into More Strength?
Akamai Technologies (AKAM) shares soared 10.3% in the last trading session to close at $104.61. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 4.6% gain over the past four weeks.The increasing demand for Akamai’s security solutions will likely translate into a significant growth opportunity over the long term. With the rapid adoption of cloud computing, security has become a major concern for enterprises. Hackers are using new a ...