Shares of Equinix Inc. EQIX, +2.12% shed 0.92% to $652.15 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +1.49% rising 0.10% to 3,821.62 and the Dow Jones Industrial Average DJIA, +1.60% rising 0.28% to 32,849.74. This was the stock’s fifth consecutive day of losses. Equinix Inc. closed $201.27 below its 52-week high ($853.42), which the company achieved on December 31st.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Snowflake Inc. SNOW, +3.92% rose 2.25% to $141.21, NetEase Inc. ADR NTES, +3.69% fell 1.76% to $69.71, and Zscaler Inc. ZS, -0.68% rose 1.13% to $113.54. Trading volume (422,886) remained 86,260 below its 50-day average volume of 509,146.