Equinix Surges to 179th in Trading Volume with $615 Million Day Despite Stock Dip

Generated by AI AgentAinvest Market Brief
Tuesday, May 13, 2025 8:00 pm ET1min read
EQIX--

On May 13, 2025, Equinix's trading volume reached $615 million, marking a 39.26% increase from the previous day. This surge placed EquinixEQIX-- at the 179th position in the day's trading volume rankings. However, despite the high trading volume, Equinix's stock price fell by 0.19%.

Equinix reported strong first-quarter results, with adjusted funds from operations (AFFO) and revenues exceeding estimates. The company's performance was driven by robust demand for its data center services, leading to improved margins. This positive outlook has prompted Equinix to raise its full-year 2025 forecast, reflecting confidence in its continued growth and market leadership.

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