DJ Equinix Inc. Stock Rises Friday, Still Underperforms Market
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Shares of Equinix Inc. $(EQIX)$ inched 0.24% higher to $981.48 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.56% to 6,032.38 and the Dow Jones Industrial Average rising 0.42% to 44,910.65.
This was the stock's sixth consecutive day of gains.
Equinix Inc. closed $12.55 short of its 52-week high ($994.03), which the company reached on November 27th.
The stock underperformed when compared to some of its competitors Friday, as Snowflake Inc. (SNOW) rose 0.63% to $174.80, NetEase Inc. ADR $(NTES)$ rose 1.57% to $87.48, and Zscaler Inc. (ZS) rose 0.80% to $206.59.
Trading volume (362,814) remained 138,502 below its 50-day average volume of 501,316.
Data source: Dow Jones Market Data, FactSet. Data compiled November 29, 2024.
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(END) Dow Jones Newswires
November 29, 2024 16:43 ET (21:43 GMT)
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