Equinix, Inc. (EQIX) is a global digital infrastructure company with a market cap of $94.5 billion. The California-headquartered company provides a broad range of interconnection and colocation services, enabling businesses to connect with partners, customers, and employees worldwide securely.
EQIX has underperformed the broader market over the last year. The stock has gained 22.9% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 31.8%. In 2024, the stock has gained 21.6%, compared to SPX's 25.8% gains on a YTD basis.
