Akamai Technologies (NASDAQ:AKAM) is a software and Internet industry services company that had a fantastic 2019 so far. Its share price rose about 60% before dropping recently. Is this the start of a healthier correction or just a pause before attempting for new highs?
With services ranging from cloud and enterprise securities, web and mobile performance, media delivery, and Dev/Ops, Akamai serves various industries like financial services, hotel & travel, media and entertainment, public sector, retail & consumer goods, software, and technology.
According to the company's website, it interacts with a billion devices and 100+ million IP addresses every single day only in the area of Internet security, being trusted by the top 10 banks in the United States and Europe, to name a few of its customers.
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