Akamai Data Traffic Growth Offsets Apple Concern

By | February 11, 2015

Scalper1 News

Internet video traffic is growing faster than prices for Akamai’s CDN services are falling, providing upside despite growing competition and questions over its Apple (AAPL) contract. Boosted by holiday e-commerce traffic, Akamai Technologies (AKAM) late Tuesday reported Q4 earnings and revenue that topped consensus estimates. Akamai was up 2.5% in early trading in the stock market today, near 64. Akamai stock touched a more than 14-year high of Scalper1 News

Scalper1 News