DJ Equinix Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Equinix Inc. $(EQIX)$ slipped 4.33% to $900.10 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.65% to 44,713.58 and the S&P 500 Index falling 1.46% to 6,012.28.
This was the stock's second consecutive day of losses.
Equinix Inc. closed 9.45% short of its 52-week high of $994.03, which the company achieved on November 27th.
The stock underperformed when compared to some of its competitors Monday, as Snowflake Inc. (SNOW) rose 0.80% to $175.52, NetEase Inc. ADR $(NTES)$ fell 1.19% to $101.95, and Zscaler Inc. (ZS) fell 1.15% to $191.24.
Trading volume (976,177) eclipsed its 50-day average volume of 521,180.
Data source: Dow Jones Market Data, FactSet. Data compiled January 27, 2025.
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(END) Dow Jones Newswires
January 27, 2025 16:40 ET (21:40 GMT)
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