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Barchart
Barchart
Sohini Mondal

Is Equinix Stock Underperforming the S&P 500?

Valued at a market cap of $93.5 billion, Redwood City, California-based Equinix, Inc. (EQIX) is a global leader in digital infrastructure, offering various services such as colocation, interconnection, and managed IT infrastructure solutions. Its platform empowers organizations to scale rapidly, launch digital services efficiently, and enhance performance while supporting sustainability objectives.

Companies worth more than $10 billion are generally described as “large-cap” stocks, and Equinix fits this criterion perfectly. With a recurring revenue model, Equinix serves customers through fixed-rate contracts for its services, including digital ecosystems and expert consulting support.  

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