DJ Equinix Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Equinix Inc. $(EQIX)$ slipped 1.16% to $909.01 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.08% to 43,461.21 and the S&P 500 Index falling 0.50% to 5,983.25.
This was the stock's second consecutive day of losses.
Equinix Inc. closed 8.55% short of its 52-week high of $994.03, which the company achieved on November 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Snowflake Inc. (SNOW) fell 3.92% to $170.92, NetEase Inc. ADR $(NTES)$ fell 4.19% to $98.89, and Zscaler Inc. (ZS) fell 0.76% to $197.05.
Trading volume (628,091) eclipsed its 50-day average volume of 498,575.
Data source: Dow Jones Market Data, FactSet. Data compiled February 24, 2025.
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February 24, 2025 16:40 ET (21:40 GMT)
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