Why is Equinix stock dropping? Shares of data center real estate investment trust (REIT) Equinix (NASDAQ: EQIX) fell by roughly 12% in February, according to data from S&P Global Market Intelligence. The drop was largely driven by its fourth-quarter earnings update, which on the surface wasn’t bad.
Is Equinix a buy? Equinix has received a consensus rating of Buy. The company’s average rating score is 2.75, and is based on 10 buy ratings, 5 hold ratings, and no sell ratings.
Does Amazon use Equinix? Amazon.com Selects Equinix as First Outsourced Data Center Provider; Leading Online Retailer to Leverage Aggregation of Networks and World Class Quality in Equinix's Neutral IBX Centers.
Who is Equinix owned by? Equinix Inc (NASDAQ:EQIX)
Institutional investors hold a majority ownership of EQIX through the 96.32% of the outstanding shares that they control.