Movement Alert｜Digital Realty Trust Inc Intraday Decline 3.08%, Data Center REITs Slump on Mounting US AI Infrastructure Opposition

Market Focus10-09 00:57

On October 9, Digital Realty Trust Inc declined 3.08% in regular trading to $174.96, with turnover of $120 million.

The move came as US AI data center expansion faced intensifying community opposition, with over 1,000 communities seeking restrictive policies and projects worth more than $200 billion affected. The data center REIT sector weakened broadly, with Equinix falling 2.33%, while Evercore ISI raised its price target on Digital Realty Trust to $240 from $230 and maintained an outperform rating.

Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation and interconnection solutions. PlatformDIGITAL, the company's global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx) solution methodology for powering innovation and efficiently managing Data Gravity challenges.

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