The Biggest Loser: Akamai Technologies Tumbled 4.6%

Akamai Technologies ( AKAM ) tumbled to the bottom of the S&P 500 today after agreeing to buy SOASTA , a deal that it expects to reduce 2017 earnings . Akamai Technologies dropped 4.6% to $60.53, while the S&P 500 rose 0.3% to 2,368.06. SunTrust's Greg Miller and team remind investors that Akamai's Prolexic acquisition was also supposed to hit earnings when it was acquired in 2013 :