Headquartered in Redwood City, California, Equinix, Inc. (EQIX) is a global digital infrastructure company with a market cap of $77.70 billion. Equinix provides a broad range of interconnection and colocation services, enabling businesses to connect with partners, customers, and employees worldwide securely. With its expansive network of data centers across key markets, Equinix empowers organizations to accelerate digital transformation by delivering reliable, high-performance infrastructure solutions.
EQIX has significantly underperformed the broader market over the last year. The stock has gained 3.6% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 24.3%. In 2024, the stock has gained 1.7%, compared to SPX's 17.2% gains on a YTD basis.
