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Akamai (AKAM +3.1%) has caught a bid after cancelling its Dec. 12 analyst day and reaffirming...
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Thursday, November 15, 2012, 2:09 PM ETAkamai (AKAM +3.1%) has caught a bid after cancelling its Dec. 12 analyst day and reaffirming its Q4 guidance. The company says it will reschedule the meeting after it has "named and transitioned to" a new CEO - that's an odd remark, given current CEO Paul Sagan has only said he'd leave by the end of 2013. M&A speculators, a group that's quite familiar with Akamai shares, appear to be jumping on the news.
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