Akamai (AKAM) volatility elevated; shares up 10% on Q4 results and guidance
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Akamai (Nasdaq: AKAM) is recently up $3.59 to $38.02 on better than expected Q4 results and outlook. CLSA raised its rating on AKAM to Buy from Outperform. February call option implied volatility is at 89, March is at 56; compared to its 26-week average of 53 according to Track Data.
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