Akamai Sell-Off Hammers Internet Infrastructure ETF
April 28, 2011 at 11:43 AM EDT
A 14% plunge in Akamai Technologies (NasdaqGS: AKAM) on a disappointing outlook from the company weighed on a small exchange traded fund (ETF) that invests in the Internet infrastructure sector. Akamai represents more than 28% of Internet Infrastructure HOLDRS (AMEX: IIH), which was down nearly 5%...
