Shares of Equinix Inc.
inched 0.81% higher to $769.65 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 1.71% to 4,438.26 and the Dow Jones Industrial Average
rising 1.56% to 34,912.56. This was the stock's third consecutive day of gains. Equinix Inc. closed $115.61 short of its 52-week high ($885.26), which the company reached on September 3rd.
The stock underperformed when compared to some of its competitors Thursday, as Akamai Technologies Inc.
rose 3.08% to $105.27 and CoreSite Realty Corp.
rose 1.62% to $141.47. Trading volume (350,612) remained 170,744 below its 50-day average volume of 521,356.