Tag: Akamai Technologies

Akamai Technologies’ CEO Is Buying Stock. Should You?

Akamai Technologies’ CEO Is Buying Stock. Should You?

Akamai Technologies (Nasdaq:AKAM) is the world’s largest content delivery network (CDN) provider for media and software delivery related solutions. Generally, the company engages in services to make the Internet fast, reliable and secure. Shares of Akamai Technologies have trended lower […]

Hedge Fund Internet Software Aggregate’s Total and Factor Returns

A Look At Hedge Fund Internet Software Crowding

Hedge Fund Internet Software Crowding by AlphaBetaWorks Charts Hedge funds tend to pile into the same few stocks. In most sectors these crowded bets underperform. In previous articles we discussed the crowding of hedge fund energy as well as exploration and production bets. Internet software stocks show […]

Akamai To Acquire Security Provider Prolexic For $370M

Akamai To Acquire Security Provider Prolexic For $370M

Akamai Technologies, Inc. (NASDAQ:AKAM) is set to acquire cloud-based security provider Prolexic Technologies Inc for about $370 million. Akamai Technologies, Inc. (NASDAQ:AKAM) announced its big acquisition of U.S.-based provider of cloud-based security solutions Prolexic Inc. and the deal is expected to […]

Thursday (12/22/11) Mid-Day Market News

Thursday (12/22/11) Mid-Day Market News

Mid-Day Market Action   US:  Dow: 12167.76 (0.56%), S&P 500: 1254.26 (0.85%), NASDAQ: 2599.92 (0.85%) Europe: CAC: 3071.80 (1.35%), DAX: 5852.18 (1.04%), FTSE: 5456.97 (1.23%). Asia: Australia: 4090.80 (-1.18%), China: 2186.30 (-0.22%), Hong Kong: 18378.23 (-0.21%), India: 4733.85 (0.87%), Japan: […]