Akamai Technologies Inc. (AKAM) announced third quarter normalized net income of $0.38 per share after the bell Wednesday, compared to the $0.40 per share reported in the prior year. The consensus estimate was for EPS of $0.35. The stock is now up 0.83 on 258K shares.
Akamai Technologies Inc. fell until mid-morning Wednesday and slipped further late in the afternoon. Shares finished down by 0.80 at $20.16. The stock dropped to a 2 1/2 week low.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.