DJ Equinix Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Equinix Inc. $(EQIX)$ rose 2.32% to $809.46 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.67% to 5,375.86 and the Dow Jones Industrial Average rising 1.07% to 39,606.57.
This was the stock's second consecutive day of gains.
Equinix Inc. closed 18.57% 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 Wednesday, as Snowflake Inc. (SNOW) rose 5.11% to $147.39, NetEase Inc. ADR $(NTES)$ rose 1.61% to $103.71, and Zscaler Inc. (ZS) rose 2.07% to $200.59.
Trading volume (616,912) remained 102,112 below its 50-day average volume of 719,024.
Data source: Dow Jones Market Data, FactSet. Data compiled April 23, 2025.
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April 23, 2025 16:41 ET (20:41 GMT)
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