Shares of Equinix Inc. EQIX, -0.27% dropped 0.27% to $660.74 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +1.50% rising 1.50% to 3,902.62 and the Dow Jones Industrial Average DJIA, +1.12% rising 1.12% to 31,384.55. This was the stock’s third consecutive day of losses. Equinix Inc. closed $224.52 below its 52-week high ($885.26), which the company achieved on September 3rd.
The stock underperformed when compared to some of its competitors Thursday, as Akamai Technologies Inc. AKAM, +0.69% rose 0.69% to $92.90. Trading volume (419,726) remained 149,118 below its 50-day average volume of 568,844.