Austin, Texas-based Digital Realty Trust, Inc. (DLR) brings companies and data together by delivering the full spectrum of data center, colocation, and interconnection solutions. With a market cap of $57.8 billion, Digital Realty engages in the ownership, acquisition, repositioning, and management of technology-related real estate.
The real estate giant has lagged behind the border market over the past year. Over the past 52 weeks, DLR stock has gained 16.4%, underperforming the S&P 500 Index’s ($SPX) 21.9% surge. On a YTD basis, DLR is down 3.4% compared to the SPX’s 7.8% returns during the same time frame.
