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Why Akamai Technologies (AKAM) Shares Are Sliding Today
Akamai Technologies (AKAM) shares dropped 13.6% after the company issued a weak financial forecast for 2026, despite reporting better-than-expected fourth-quarter results. The projected adjusted earnings per share for the full year 2026 missed analyst forecasts, attributed to rising costs which saw the operating margin fall significantly. This weaker outlook overshadowed strong quarterly revenue and adjusted earnings, causing a significant market reaction.