Akamai and 2 S&P 500 Stocks Spiking Over 15%
The S&P 500 (NYSE:SPY) is up today by 2.45% and stands at 1,272. Here are three well-performing stocks.
Akamai Technologies (NASDAQ:AKAM): The company reported strong earnings yesterday and announced that President David Kenny is leaving the company, presumably to join Yahoo. Akamai is up 15.60%. About the Company: Akamai Technologies, Inc. provides global delivery services for Internet content, streaming media, and applications and global Internet traffic management.
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Cabot Oil and Gas (NYSE:COG): Even though the quarterly report had Cabot missing both its earnings per share target and revenue target, the stock is up nicely at 15.28%. About the Company: Cabot Oil & Gas Corporation is an independent oil and gas company that develops, exploits, and explores oil and gas properties located in North America.
Citrix (NASDAQ:CTXS): Product license revenue increased 28% year over year, which bodes well for long-term growth. Company expectations for the 4th quarter and for next year both exceed the consensus. The stock is up 14.95%. About the Company: Citrix Systems, Inc. designs, develops, and markets technology solutions that allow applications to be delivered, supported, and shared on-demand.
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