DJ Equinix Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Equinix Inc. $(EQIX)$ slid 1.70% to $964.84 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.24% to 6,047.15 and the Dow Jones Industrial Average falling 0.29% to 44,782.00.
The stock's fall snapped a six-day winning streak.
Equinix Inc. closed $29.19 short of its 52-week high ($994.03), which the company achieved on November 27th.
The stock underperformed when compared to some of its competitors Monday, as Snowflake Inc. (SNOW) fell 1.36% to $172.42, NetEase Inc. ADR $(NTES)$ rose 1.59% to $88.87, and Zscaler Inc. (ZS) rose 0.93% to $208.51.
Trading volume (536,082) eclipsed its 50-day average volume of 496,632.
Data source: Dow Jones Market Data, FactSet. Data compiled December 2, 2024.
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(END) Dow Jones Newswires
December 02, 2024 16:44 ET (21:44 GMT)
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