Akamai Stock Surges On Takeover rumours

akamai

Trading in on call options on Akamai stock (AKAM) surged today on chatter that the company will be acquired, says Bloomberg.

The stock also traded higher in a sharply down market.

Who would buy Akamai?

Most likely a telco or cable company.

Intel’s nutty purchase of McAfee may have opened the M&A floodgates.

More on the Akamai options here >