Akamai and Iren Shares Diverge After Earnings
Akamai and Iren shares moved in opposite directions after their earnings reports, following a difficult day for technology stocks. The available report says Akamai beat analyst estimates for earnings, but provides no further details.
By Anita HamiltonAfter a brutal day for tech stocks, which took shares of cloud infrastructure firm Akamai and neocloud Iren down with it, the firms' earnings told two different stories.Akamai's third quarter earnings didn't do much to calm investors. While the company beat analyst estimates for ea…