Akamai Technologies is trading at $86.39, down 5.81%, amid a broad technology and AI-infrastructure selloff. Hotter-than-expected September CPI revived expectations of Federal Reserve rate hikes.
- No company-specific news emerged to explain the move.
- Shares fell 8.23% on October 14, closing at $91.71.
- Concerns about debt-funded AI investment and continued pressure on growth-oriented shares added to the market context.