Baseball Playoffs Boost Akamai Shares

Why is the stock of content delivery network Akamai (AKAM) surging today? Akamai shares are up $2.22 (7.8 percent) to $30.97 a share, apparently because Wall Street traders see benefits for Akamai’s bottom line in strong traffic at . Nearly 3 million people accessed the video stream of Monday’s one-game National League wildcard playoff game between the San Diego Padres and Colorado Rockies on MLB.TV, which uses Akamai for its streaming media delivery.

September’s tight pennant races generated huge traffic for, which had more than 2.7 billion page views and 61 million unique visitors for the month, according to Major League Baseball. That will be welcome news to Akamai shareholders. Unless they’re also Mets fans, in which case they’re probably still inconsolable.

Get Daily Email News from DCK!
Subscribe now and get our special report, "The World's Most Unique Data Centers."

Enter your email to receive messages about offerings by Penton, its brands, affiliates and/or third-party partners, consistent with Penton's Privacy Policy.

About the Author

Rich Miller is the founder and editor at large of Data Center Knowledge, and has been reporting on the data center sector since 2000. He has tracked the growing impact of high-density computing on the power and cooling of data centers, and the resulting push for improved energy efficiency in these facilities.