DJ Equinix Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Equinix Inc. $(EQIX)$ slid 1.32% to $860.99 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.58% to 5,663.94 and the Dow Jones Industrial Average rising 0.62% to 41,368.45.
This was the stock's third consecutive day of losses.
Equinix Inc. closed 13.38% 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 Thursday, as Snowflake Inc. (SNOW) rose 2.00% to $173.97, NetEase Inc. ADR $(NTES)$ rose 0.01% to $106.49, and Zscaler Inc. (ZS) fell 0.17% to $233.15.
Trading volume (476,858) remained 240,756 below its 50-day average volume of 717,614.
Data source: Dow Jones Market Data, FactSet. Data compiled May 8, 2025.
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May 08, 2025 16:42 ET (20:42 GMT)
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