DJ Equinix Inc. Stock Underperforms Tuesday When Compared To Competitors Despite Daily Gains
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Shares of Equinix Inc. $(EQIX)$ advanced 1.01% to $924.28 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.72% to 6,037.88 and the Dow Jones Industrial Average rising 0.30% to 44,556.04.
This was the stock's second consecutive day of gains.
Equinix Inc. closed 7.02% short of 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 Tuesday, as Snowflake Inc. (SNOW) rose 3.60% to $189.11, NetEase Inc. ADR $(NTES)$ fell 2.37% to $101.21, and Zscaler Inc. (ZS) rose 1.87% to $203.73.
Trading volume (304,330) remained 232,353 below its 50-day average volume of 536,683.
Data source: Dow Jones Market Data, FactSet. Data compiled February 4, 2025.
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(END) Dow Jones Newswires
February 04, 2025 16:40 ET (21:40 GMT)
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