DJ Equinix Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Equinix Inc. $(EQIX)$ slipped 1.30% to $923.00 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.04% to 6,115.07 and the Dow Jones Industrial Average rising 0.77% to 44,711.43.
This was the stock's second consecutive day of losses.
Equinix Inc. closed 7.15% below its 52-week high of $994.03, which the company reached on November 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Snowflake Inc. (SNOW) rose 2.90% to $192.66, NetEase Inc. ADR $(NTES)$ fell 3.97% to $104.81, and Zscaler Inc. (ZS) rose 1.75% to $214.84.
Trading volume (854,155) eclipsed its 50-day average volume of 480,500.
Data source: Dow Jones Market Data, FactSet. Data compiled February 13, 2025.
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February 13, 2025 16:40 ET (21:40 GMT)
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