DJ Equinix Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Equinix Inc. $(EQIX)$ slid 2.00% to $890.82 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.53% to 5,929.04 and the Dow Jones Industrial Average rising 3.57% to 43,729.93.
The stock's fall snapped a two-day winning streak.
Equinix Inc. closed $52.20 below its 52-week high ($943.02), which the company achieved on October 25th.
The stock underperformed when compared to some of its competitors Wednesday, as Snowflake Inc. (SNOW) rose 4.22% to $121.42, NetEase Inc. ADR $(NTES)$ fell 0.22% to $80.00, and Zscaler Inc. (ZS) rose 3.27% to $193.03.
Trading volume (671,731) eclipsed its 50-day average volume of 432,947.
Data source: Dow Jones Market Data, FactSet. Data compiled November 6, 2024.
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(END) Dow Jones Newswires
November 06, 2024 16:44 ET (21:44 GMT)
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