DJ Equinix Inc. Stock Rises Wednesday, Still Underperforms Market
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Shares of Equinix Inc. $(EQIX)$ inched 0.21% higher to $965.64 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.61% to 6,086.49 and the Dow Jones Industrial Average rising 0.69% to 45,014.04.
The stock's rise snapped a two-day losing streak.
Equinix Inc. closed $28.39 below its 52-week high ($994.03), which the company reached on November 27th.
The stock underperformed when compared to some of its competitors Wednesday, as Snowflake Inc. (SNOW) rose 6.01% to $186.51, NetEase Inc. ADR $(NTES)$ rose 1.60% to $90.79, and Zscaler Inc. (ZS) rose 3.89% to $206.36.
Trading volume (319,521) remained 161,719 below its 50-day average volume of 481,240.
Data source: Dow Jones Market Data, FactSet. Data compiled December 4, 2024.
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(END) Dow Jones Newswires
December 04, 2024 16:44 ET (21:44 GMT)
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