Akamai should report stronger than expected Q2 results, says Pacific Crest Pacific Crest reports that media traffic growth was still accelerating in early June. The firm expects accelerating media traffic growth to enable Akamai to report stronger than expected Q2 results. It keeps an Outperform rating on the shares.
News For AKAM From The Last 14 Days
Check below for free stories on AKAM the last two weeks.
Akamai call activity on attributed to takeover speculation Akamai June 60 and 60.5 calls are active on total call volume of 4,100 contracts (200 puts) on renewed takeover speculation. July call option implied volatility is at 41, July is at 34, November is at 33; compared to its 26-week average of 35 according to Track Data. Active call volume suggests traders taking positions for large near term price movement.