Akamai (AKAM) Stock Plummets Despite Surpassing Earnings Expectations: Impact of Pricing Pressure and Weak Guidance
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Before you reading,Don't miss coins like PEPE again! Click here to find new PEPEs! Akamai Technologies (AKAM) reported Q1 earnings that surpassed Wall Street predictions, but revenue fell short. The company’s stock took a hit as revenue guidance was significantly lower than expected due to pricing pressure in its legacy content-delivery business. The content delivery […] Read more at COINOTAG.
