Akamai Technologies Stock Drops 39.67% in Volume Ranking 494th in Market Activity

Akamai Technologies Inc (AKAM) closed at $0.41, marking a 39.67% decrease in trading volume to $1.71 billion, ranking 494th in the day's stock market activity.

Akamai Technologies has announced a strategic partnership with Cloudinary. Under this alliance, Cloudinary will power Akamai's next-generation Video Manager solution, integrating AI-powered video solutions to streamline video management and delivery for Akamai's customers.

This collaboration is part of Akamai's disciplined growth strategy, aligning with the shift to cloud-native video and other megatrends. The partnership aims to make video management and delivery easier by alleviating the complexities involved in the process.