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Akamai Technologies Inc. (AKAM) Is Surging On Elliott Management Stake

Elliott Management disclosed Friday that it has taken a 6.5 percent stake in Akamai Technologies Inc. (AKAM).

Akamai Technologies has gapped open sharply Monday morning and is now up 8.89 at $66.65 on above average volume. The stock has surged to a 10-month high.

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