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 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.