Akamai Technologies (AKAM) Drops 1.14% Amid Tech Sector Decline

Akamai Technologies (AKAM) shares fell -1.14% to $105.57, underperforming the S&P 500 and Nasdaq. The cloud services provider's stock has depreciated by 14.56% over the past month. Analysts expect EPS of $1.69, a 9.14% decline YoY, and revenue of $1.12 billion, a 6.29% rise YoY. The Zacks Rank system has moved the consensus EPS estimate 1.24% lower in the past month, placing AKAM at a Zacks Rank #3.