Equinix Inc. stock rises Wednesday, outperforms market

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Shares of Equinix Inc. EQIX, +0.06% inched 0.06% higher to $882.31 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -0.13% falling 0.13% to 4,514.07 and Dow Jones Industrial Average DJIA, -0.20% falling 0.20% to 35,031.07. Equinix Inc. closed $2.95 below its 52-week high ($885.26), which the company achieved on September 3rd.

The stock underperformed when compared to some of its competitors Wednesday, as Akamai Technologies Inc. AKAM, +0.60% rose 0.60% to $113.39 and CoreSite Realty Corp. COR, +1.27% rose 1.27% to $154.36. Trading volume (331,011) remained 111,333 below its 50-day average volume of 442,344.