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Equinix Inc. stock rises Thursday, still underperforms market

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Terrence Horan

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Shares of Equinix Inc. EQIX, -0.76% 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 SPX, -0.09% rising 1.71% to 4,438.26 and the Dow Jones Industrial Average DJIA, -0.27% 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. AKAM, +0.24% rose 3.08% to $105.27 and CoreSite Realty Corp. COR, -0.42% rose 1.62% to $141.47. Trading volume (350,612) remained 170,744 below its 50-day average volume of 521,356.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.