DJ Equinix Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Equinix Inc. $(EQIX)$ rallied 1.21% to $921.02 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.12% to 5,842.63 and the Dow Jones Industrial Average rising 1.14% to 43,006.59.
Equinix Inc. closed 7.34% below its 52-week high of $994.03, which the company reached on November 27th.
The stock underperformed when compared to some of its competitors Wednesday, as Snowflake Inc. (SNOW) rose 2.14% to $177.31, NetEase Inc. ADR $(NTES)$ rose 2.54% to $103.16, and Zscaler Inc. (ZS) rose 1.36% to $196.45.
Trading volume (485,307) remained 56,374 below its 50-day average volume of 541,681.
Data source: Dow Jones Market Data, FactSet. Data compiled March 5, 2025.
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(END) Dow Jones Newswires
March 05, 2025 16:40 ET (21:40 GMT)
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