Akamai calls active on renewed takeover over chatter Akamai December 36 and 37 calls are active on total call volume of 9K contracts (1K puts). December and January call option implied volatility is at 33; below its 26-week average of 44 according to Track Data. Active call volume suggests traders are positioning for upside price movement for this frequent takeover name.
Good start to holiday shopping positive for Akamai, says JPMorgan JPMorgan views early reports of a strong start to the holiday shopping season as positive for Akamai. The firm points out Akamai provides website acceleration capabilities to a high percentage of the top 100 retailers. It keeps an Overweight rating on the stock.
Akamai Q4 results tracking ahead of consensus, says Pacific Crest Pacific Crest believes that Akamai is poised to report stronger than expected Q4 results. The firm keeps a $65 price target and Outperform rating on the shares.
Akamai hits highs of day amid takeover speculation The move higher in shares of Akamai (AKAM) is being attributed to takeover speculation. The suitor rumored to be interested is Alibaba (BABA). Shares of Akamai are at highs of the day, up 3% to $62.00.