Shares of Equinix Inc. EQIX, -0.22% slipped 0.22% to $687.94 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +1.30% rising 1.30% to 4,002.87 and the Dow Jones Industrial Average DJIA, +0.98% rising 0.98% to 32,560.60. This was the stock’s third consecutive day of losses. Equinix Inc. closed $88.41 below its 52-week high ($776.35), which the company achieved on April 21st.
The stock underperformed when compared to some of its competitors Tuesday, as Snowflake Inc. SNOW, +4.43% rose 4.43% to $141.47, NetEase Inc. ADR NTES, +0.24% rose 0.24% to $86.08, and Zscaler Inc. ZS, +7.17% rose 7.17% to $113.02. Trading volume (501,118) eclipsed its 50-day average volume of 395,444.