'Mad Money' Spotlight: Cramer's Online Plays
Infinera shares were trading Monday afternoon at $9.05, down 40 cents on the session.
Akamai, a public company for 10 years, is one of the larger Internet content-delivery companies out there, with revenue for the 12 months ended in March of $814 million, and net income of $145 million. It posted earnings growth for its just-ended quarter of 50%. Based in Cambridge, Mass., Akamai sells technology (called content-delivery-networks, or CDNs) designed to quicken the loading of Web pages and video for the likes of Netflix(NFLX Quote), General Electric's(GE Quote) NBC, and Nissan(NSANY Quote). The company has been seen as a potential takeover target. Its stock was trading Monday at $19.13, down almost 7%, or $1.40.- Loading Comments...
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