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S&P 500 Declines as Akamai and Old Dominion Face Major Losses Amid Market Selloff
1206+ Words Refined into 5 Facts by AI • 1 source • 52m ago
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- The S&P 500 index dropped 1.7% due to weak economic data.
- Akamai Technologies shares fell 21.7% after a disappointing revenue outlook.
- Moderna's stock rose 5.3% following news of a new coronavirus variant.
- Old Dominion Freight Line shares declined 8.5% due to Amazon's shipping expansion.
- Consumer staples like Hershey saw gains amid the market selloff.
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