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News Breaks | | | | March 11, 2013 | | 14:37 EDT |  | AKAM | Akamai falls after its investor meeting, guidance
The stock is down over 4% following its investor meeting earlier today in Boston. The company affirmed its normalized Q1 EPS view of 50 cents to 52 cents versus consens of 50 cents. At the current price of $35.73, support is at $34.90. Resistance is at $36.74. Jefferies has defended the shares in light of today's weakness following the company's reiteration of guidance, noting its change of tax treatment for some items may be causing confusion. | |
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News For AKAM From The Last 14 Days Check below for free stories on AKAM the last two weeks. |
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| May 16, 2013 | | 11:50 EDT |  | AKAM | Akamai continues to guide in low 40s for EBITA margins, cites investments
On the company's presentation at the JPM conference a company executive commented that Akamai continues to guide in low 40s for EBITA margins as it makes investments such as an expansion in its salesforce. | | | May 10, 2013 | | 08:22 EDT |  | AKAM | Akamai price target raised to $53 - $56 from $48 - $50 at Wells Fargo
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