DJ Equinix Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Equinix Inc. $(EQIX)$ inched 0.27% higher to $901.15 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.02% to 5,985.38 and the Dow Jones Industrial Average rising 0.11% to 43,958.19.
This was the stock's third consecutive day of losses.
Equinix Inc. closed $41.87 short of its 52-week high ($943.02), which the company reached on October 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Snowflake Inc. (SNOW) rose 4.20% to $130.73, NetEase Inc. ADR $(NTES)$ fell 2.79% to $76.28, and Zscaler Inc. (ZS) rose 0.39% to $209.85.
Trading volume (364,045) remained 88,195 below its 50-day average volume of 452,240.
Data source: Dow Jones Market Data, FactSet. Data compiled November 13, 2024.
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(END) Dow Jones Newswires
November 13, 2024 16:45 ET (21:45 GMT)
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