DJ Equinix Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Equinix Inc. $(EQIX)$ shed 2.18% to $888.30 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.41% to 5,728.80 and the Dow Jones Industrial Average rising 0.69% to 42,052.19.
This was the stock's second consecutive day of losses.
Equinix Inc. closed $54.72 short of its 52-week high ($943.02), which the company achieved on October 25th.
The stock underperformed when compared to some of its competitors Friday, as Snowflake Inc. (SNOW) rose 0.58% to $115.49, NetEase Inc. ADR $(NTES)$ fell 1.73% to $79.12, and Zscaler Inc. (ZS) rose 1.00% to $182.59.
Trading volume (449,222) eclipsed its 50-day average volume of 433,162.
Data source: Dow Jones Market Data, FactSet. Data compiled November 1, 2024.
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(END) Dow Jones Newswires
November 01, 2024 16:44 ET (20:44 GMT)
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